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mcx is multi commodity exchange trading the commodity in international market

2006-11-09 00:58:44 · 2 answers · asked by mohdrafivv1 1 in Business & Finance Investing

2 answers

Copper is a globally traded commodity so a drop in price on MCX is not a MCX-specific event. In order to answer the question why copper price fell you need to consider what happened globally. Besides, what time frame are you talking about? A day, a month, half a year?

2006-11-09 06:57:57 · answer #1 · answered by Alex 4 · 0 0

get mcx ncdex chart on aptistock and follow signal and trade with stop loss


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Steps -

1- visit www.aptistok.com & get free/profftional/beta version or
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2- download and install

3 - click download > update symbol list > select NSE BSE IND > OK
select tools > data downloader > click 'stock'
> click stock market > select NSE (bse )
> click select all > OK
download (1 day delayed EOD data )
update end of day data same way everytime

4 -to additional update/add EOD data
download bhavcopy from BSE NSE site convert it into text doc
- see HELP > content > index> EOD >importing EOD> sample #1
click tools> data downloader > import > brouser > link txt doc
> data destination > select BSE/NSE India
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5 - technical tool
click insert
trade flag STC
main chart indicator EMA & SAR
sub chart indicartor william % R or RSI or MACD

click chart > right click > save as defult

6- Buy sell signal on daily weekly and monthly quarterlt( 63days)chart
- follow Weekly Buy green signal for short term delivery(6-12 month) delivery with stop loss of Red sell signal on daily chart
- follow monthly Buy green signal for long term delivery(1-10 year) delivery with stop loss of Red sell signal on weekly chart
- Buy never sell delivery on quartly buy Greeen signal. with monthly sell as stop loss signal

7- strong buy = stc buy green + sar dot below graph
strong sell = stc sell red + sar dot above graph
Rise of 20% after weekly buy-sell-buy signal(double bottam) combination
Fallon about 25% after weekly sell-buy-sell signal(double top) combination.

8- Target Corrction/support in fall is valuewise nearest BUY signal weekly
Target Rise /resistance in rally upto valuewise nearest SELL signal weekly

You can also get more recommendation,research,analysis on following site -
www.dlngroup.comstock specific buy sell recommendation/signal
www.vfmdirect.comstock specific buy sell recommendation/signal

www.moneycontrol.comfor all details - multypurpose
www.businesslineonline.combusiness newspaper
www.businessstandard.combusiness newspaper
www.dna.commoneybusiness newspaper
www.economictime.combusiness newspaper
www.financialexpress.combusiness newspaper

www.ways2gain.comindividual analysts links
www.valuenotes.comindividual analysts links

www.indiabulls.comstock technical chart
www.bseindia.comstock technical chart
www.stockcharts.com$BSE index chart/target

karvy,lkp,il&fs,ways2wealthbroKers recommendation,research
hdfcsec,utisec,icicidirectbroKers recommendation,research

You can use this software for commoddity graph with little extra effort
-get data file of desired commodity from ncdex.com for desired period
- save it in csv format
-mix all data datewise in decending order.
-follow ASCII date o h l c vol c
-make new folder in drive C > prog file > aptistock > data
-save comm csv file in new folder
-opne aptictok
-click file near fvrt > yourfolder > commfile
- update data manualy daily whenevr needed from ncdes to commcsv file

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2006-11-09 17:39:24 · answer #2 · answered by dinu_pawar 5 · 0 0

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