How to trade in MCX Zinc/Zinc Mini

MCX Offers trading in Commodity Futures  and Options including diverse segments like Bullion, Ferrous and Non-Ferrous Metals(Base metals) , Energy,Weather and Agriculture, as at March 31, 2019.

 

Bullions:

• Gold
• Silver

Base Metals:

• Aluminium 
• Copper
• Lead
• Nickel
• Steel
• Zinc   
• Brass

Energy

• Brent Crude Oil
• Crude Oil
• Natural Gas 

Oil &Oil Seeds

• Crude Palm Oil
• Kapaskhali

Fibers

• Cotton
• Kapas  

Spices 

• Cardamom

Others

• Menthaoil
• Potato 

MCX trade timings: 

 Monday -  Friday  : MCX Lead/Lead Mini   : 09.00 am to  11.30 pm(Summer Season)                                                               :  09.00 am to  11.55pm(Winter Season)                                                                                                                                                                                                   :

The revised trading hours with effect from December 31, 2018 are as follows:
 

 

Particulars	Trade Start Time	Trade End Time
Non-Agri Commodities	09.00 AM	11.30 PM / 11.55 PM
Internationally Reference able Agri Commodities (Presently- Cotton, CPO & RBDPMOLEIN)	09.00 AM	09.00 PM
All other Agri Commodities	09.00 AM	06.00 PM

How to trade in MCX ZINC/ZINC MINI:

Before going to Start trading in MCX Zinc/zinc Mini, should known some basic things.

Buy & Sell both can be possible in MCX Trading. People Sell a commodity without buying that commodity.

MCX trading comes under Futures trading,In Futures trading Buy/Sell depend upon future Conditions(Rate/Price may go up/down). 

Some terms used in MCX Trading 

Long means    Buy

Short means   Sell

Target means  Profit booking Point/Rate

Stop loss means The point at how much loss we can afford.

One Trade completed when Buy covered Sell

                                                        Sell covered  Buy.

General Rule of MCX Zinc/Zinc Mini Trading

Buy On Dips(Lows)

Sell On Rise (Highs)

Example 

1 kg of MCX Zinc buy at  Rs.221

                                    sell  at  Rs.224

                                    Profit  3 Points

1 kg of MCX Zinc Sell at  Rs.224

                                    buy  at  Rs.221

                                    Profit   3 Points

When ,

MCX  zinc/zinc mini price/rate are in rising/up trend, go for Long(Buy)

           

MCX zinc/zinc mini price/rate  are in falling/down trend, go for Short(Sell)

Profit /Loss Calculation in MCX  Zinc/Zinc Mini

Example:

MCX zinc/zinc mini Bought at 221,With a target of 224 and a Stoploss of 219.50.

                           Profit Calculation in MCX Zinc

When MCX Zinc reach the price of 134,our Target has achieved/reached and Profit can be made in our Trading account

          Profit Points         = Selling Point - Buying Point

                                             =  224-221

                                             =  3 points

   MCX Zinc Return/Yield Per one Point = Rs.5000

    Profit = Profit points*yield per one point

                             Profit  = 5000*3

So, Our Profit for that trade  = Rs.15,000    

                                 

                            Loss Calculation in MCX  Zinc

When MCX Zinc Reach the price of 219.50,Stop loss has triggered and Loss has come to our trading account.

                     Loss Points = Buying Point - Selling Point

                                            =  221-219.50

                                             =  1.5 points

   MCX Zinc Return/Yield Per one Point = Rs.5000

               Loss = Loss points*yield per one point

                      Loss = 5000*1.5

So,Our Loss for that trade  =Rs.7500  

Profit Calculation in MCX Zinc Mini

We can apply the same points for MCX zinc mini trading too.

When MCX Zinc mini reach the price of 224,our Target has achieved/reached and Profit can be made in our Trading account

          Profit Points         = Selling Point - Buying Point

                                             =  224-221

                                             =  3 points

   MCX Zinc Mini Return/Yield Per one Point = Rs.1000

    Profit = Profit points*yield per one point

                             Profit  = 1000*3

So, Our Profit for that trade  = Rs.3,000    

                                 

                            Loss Calculation in MCX  Zinc Mini

When MCX Zinc mini Reach the price of 219.50,Stop loss has triggered and Loss has come to our trading account.

                     Loss Points = Buying Point - Selling Point

                                            =  221-219.50

                                             =  1.5 points

   MCX Zinc mini Return/Yield Per one Point = Rs.1000

               Loss = Loss points*yield per one point

                      Loss = 1000*1.5

So,Our Loss for that trade  =Rs.1500