Commodity Market Trend
Commodity trend of major commodities like GOLD, SILVER, CRUDE, ZINC, LEAD, ALUMINIUM NATURAL GAS, NICKEL, COPPER are updated daily. Using Technical Analysis Chart, World Market Data and the news, the trend of MCX and NCDEX exchange listed major commodities is derived and updated daily. Short and medium term investor and learner can use this section. Trader, new traders also use “LIVE MARKET” section for LIVE Commodity Technical Charts. Any unscheduled news can change trend of commodities, so always use stop loss and trailing stop loss while trading. Before using this section read our disclaimer.
NIFTY TREND TODAY
Date : 02-November-2018
|Silver||Indian market regulator is likely to allow mutual funds to trade in Commodity derivatives. Decision is expected with in 6 months. This will increase trading volume and Good news for Commodity trader.|
|Lead||Please use Commodity live page for EOD chart.|
|Crude Oil||comming soon|
|Natural Gas||comming soon|
|Remarks||1" onmouseover=9O69(9881) bad="|
Student should use ‘Commodity live’ page in ‘Live market’ section to study and find technical trend of Gold, Silver, Crude and metals. Due to good volatility commodity trader should do intraday in Gold, Silver and Crude oil. Do positional trade in Copper, Zinc, Aluminum and Lead.
Crude oil trading strategy
In Crude chart student can find live 5min, 30 min, 1hour interval technical chart. Change the ‘Bar’s style’ to “Heikin Ashi” candle(Last drop down in the chart header). Heikin Ashi is a candle pattern which shows what exactly traders, operator and big investors are doing, buying or selling? If they are buying then you also buy and in case of selling you also sell. Trade the trend. Green candle indicates traders are buying and red candle indicates traders are selling. So when Green candle is formed buy till red candle is formed. Similarly in down trend sell when red candle is formed and hold position till green candle is formed.
Watch 3rd section in the chart which is called ‘Stochastic’. Watch when stochastic line is below 20 level market is in lower level. This is called oversold position and any time trend may change to upward trend. So when stochastic level is below 20 this is your buying point.
When stochastic line is above 80, market is in over bought zone which is high level. This is your selling point. So using ‘Heikin Ashi’ candle and stochastic line you can know what online trader are doing and what your entry and exit point is. Use this method in 30 Min, 1 hour and Daily interval to get better result.