GOLD FREE TIPS TODAY 30 JAN 2012,MCX BULLION TREND,Free Silver tips today,crude oil tips today,copper trend today,Chana tips today,Jeera trend today,mcx intraday tips today,live gold,silver price today,commodity mcx intraday tips 30 jan
MCX NCDEX TIPS TODAY:-Today gold and silver is expecting to trade lower today on account of poor risk sentiments and re-emergence of economic worries after downgrade of Italian and Spanish credit ratings. Although precious metals are considered as safe-haven investments,in the current context gold is performing more like a risky asset and is expected to take cues from risk sentiments in the global markets. Additionally, a stronger dollar will also act as a negative factor for prices.
MCX Gold Feb’12 have resistance at 28165 and last resistance at 28380 and support at 27870 and last support at 27660.
MCX Silver Mar'12 have resistance at 57515 and last resistance at 57870 and support at 56700 and last support at 56220.
Lead (Jan) have resistance at 112.45 and last resistance at 113.45 and support at 110.60 and last support at 109.50.
AGRI NCDEX TIPS TODAY:-Turmeric: Turmeric April futures expected to open on lower note on extended selling pressure. However, later on market activity might remain volatile as today spot market will resumed trade activity in full fledged form. Therefore,farmers are expecting prices might improve on fresh buying. However, on other hand traders are expecting huge arrivals which might have negative impact on prices.
Turmeric NCDEX have resistance at 4600 and last resistance at 4633 and support at 4557 and last support at 4525.
Jeera: Jeera February futures are expected to trade lower on extended profit booking during early trading hours.However, later on prices might turn positive on fresh buying at lower levels. Rumors of lower production might also
support the prices. As per the data released by Gujarat Agriculture Department, acreage under jeera has increased substantially. Therefore, mixed sentiments are prevailing across he spot markets.
Jeera NCDEX TODAY have resistance at 15067 and last resistance at 15358 and support at 14699 and last support at 14435.
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