MCX NCDEX COMMODITY TIPS:-commodity market has the volatility due to,low volume in the market due to Holidays and Global market is closed for today so that will also affect he Indian MCX and NCDEX Commodity.The Multi Commodity Exchange (MCX), COMDEX belled on a positive zone after a fall of 0.03% on Saturday.Gold is expected to witness range bound movement with lowvolume amid Christmas and New Year holidays. Investors and money managers who have not yet squared their books for the year will need to do so this week, and with lower attendance in the markets, a more volatile trade could result
Sell MCX Gold February contract at Rs 27,800-27,850 with stop loss Rs 27,950 and target of Rs 28,700 and 28,600.
Sell MCX Silver March contract at Rs 53,300-53,500 with stop loss Rs 54,000 and target of Rs 52,500 and 52,000.
MCX TODAY|AGRI OUTLOOK TODAY:-
Chana futures may trade sideways as demand from millers is becoming sluggish. Sluggish demand and weak buying support for spot chana dragged its dal, with chana dal (average) declining to Rs 3,900-3,925 a quintal (Rs 4,000-4,025).
MCX NCDEX TIPS AND NEWS LETTER FILL THE FORM
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