MCX BULLION TIPS:-Today MCX Commodity market has the weak opening.Silver has the dull starting today and in the international market Gold has up trend.we expect gold to trade higher on account of dollar
weakness and supportive global market sentiments.MCX Gold Apr’12 support 27737/27569 resistance 28005/28173.
Base Metal Trend Today:-Base metals are expected to trade on a positive note today on the back of upbeat global market sentiments along with dollar
weakness and hopes of US economic recovery.Base metal has very low point starting in which zinc spot-ed almost half percent low from the previous closing.
Today crude oil has weak opening and in domestic market crude oil is showing some gains.
MCX Crude Mar’12 support 5346/5306 resistance 5416/5457. buy crude MCX March at Rs 5,330 per barrel, with a stoploss of Rs 5,300 per barrel and a target of Rs 5,395 per barrel.
MCX Zinc Mar’12 support 103.05/102.35 resistance 104.10/104.80.
MCX Nickel Mar’12 support 946/937 resistance 962/971.
CARDAMOM Apr mcx As long as prices stay above 1200, then an upside view may be seen towards 1250 followed by 1280 levels.
MENTHAOIL Mar mcx:-Any trade above 2320 will cause an upside trend towards 2410 followed by 2450 levels.
NCDEX AGRI TIPS:- JEERA Apr ncdex:-A near term weakness will prevail, if prices break below 13000 levels in the near term.
Chana Apr ncdex:-Positive bias prevails as long as prices stay above 3820.
Maize Apr ncdex:- If prices are able to sustain above 1200, then we expect to see an upside target of 1237/1250 or even 1275 levels in the near term.
For More Tips and Updates FILL THE FORM
0 comments:
Post a Comment