Today we are starting a new account with 1 lakh capital for Commodity trading using our technical knowledge. So here are the first set of trades taken –
TRADE 1- ZINC
Buy Zinc Mini with stop-loss at 214, but stop-loss is quite strict in this case as we can see it is forming a lower low. But uptrend or downtrend it is a trough.
TRADE 2 – NICKEL
Buy Nickel Mini with stop-loss at 866.This is also a strict stop loss scrip as it is a lower low.But looking at weekly timeframe it is in an uptrend.
TRADE 3 – SILVER
Buy Silver mini with stop-loss at 38112
This is a fundamental bet and hence going aggressive with technicals.
TRADE 4- COPPER
Buy Copper mini with stop-loss at 451.5. We are Betting on demand zone.
So here are the complete set of trades taken –
Margin available – 61,305.9
Margin used – 40,068.25
Total account value 1,01,374.15