How to understand intraday gold trading?

Gold August Future :

Buy at / above: 46764.06 Targets: 46794.73 - 46848.81 - 46902.92 - 46957.07

Stoploss : 46710.01

Sell at / below: 46710.01 Targets: 46679.32 - 46625.31 - 46571.33 - 46517.38

Stoploss : 46764.06

for example if you buy gold august future in tomorrow's session for trading in zerodha then we assume that example.

you need atleast 500000 INR in your commodity trading account.

Margin Requirement

now if we trade in gold lot size 1 kg the take profit for the every 1 rupee change will be 100 rs. as mention below.

Profit Loss made for Every 1 rs change in gold trading

profitloss made for every 1 rupee change in gold

now if we have taken the trade and bought 1 lot of gold august future at 46764.06 and sold it at 46794.73 with stoploss of 46710.01 then contract note for the intraday trade will be like below.

After trade Contract Note for Trading Gold Future

thus in this way gold commodity trading is done.
if you still don't have a account in zerodha for trading in gold or any commodity then please sign up today for trading in zerodha and you can trade it for your future plan.
now for intraday trade in equity market for 21st June 2021 i will share 3 stocks for trading in intraday as below.

INTRADAY STOCKS FOR TOMORROW

DABUR

Buy at / above: 582.01 Targets: 587.76 - 593.84 - 599.94 - 606.08

Stoploss : 576

Sell at / below: 576 Targets: 570.3 - 564.34 - 558.41 - 552.52

Stoploss : 582.01

CHART :

INTRADAY STOCK PERFORMANCE:

MCDOWELL-N
Buy at / above: 676 Targets: 682.17 - 688.71 - 695.29 - 701.89
Stoploss : 669.51
Sell at / below: 669.51 Targets: 663.39 - 656.96 - 650.57 - 644.21
Stoploss : 676
CHART :

INTRADAY STOCK PERFORMANCE:

MGL
Buy at / above: 1190.25 Targets: 1198.29 - 1206.95 - 1215.65 - 1224.38
Stoploss : 1181.64
Sell at / below: 1181.64 Targets: 1173.64 - 1165.09 - 1156.57 - 1148.08
Stoploss : 1190.25
CHART :

INTRADAY STOCK PERFORMANCE:

NSE Stocks Technical Analysis

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