MCX Bullion Trend Today |NCDEX AGRI Tips 30 April 2012

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MCX Bullion trend today :-Today in bullion market gold and silver to trade higher on account of weakness in the US dollar index coupled with upbeat sentiments in the global markets. However, appreciation in the Indian Rupee may hold gains on the MCX. 

MCX Gold Trading levels :- support - 29001/28954  Resistance - 29148/29230 

MCX silver Trading levels :- support - 55700/55420 Resistance - 56220/57470 

MCX Crude Oil Trend Today :- Today crude oil prices is expected to trade lower on account of rise in OPEC’s production coupled with Nigeria’s planning to expand its oil production. However, sharp downside in crude oil will be cushioned on the back of weakness in the dollar index. 

Crude oil trading levels :- support - 5482/5462 Resistance - 5520/5540 

Crude oil Trend today :- sell at - 5520, target - 5450, stoploss of - 5560. 

NCDEX Chana :- Consistent trade above 3720 may result in a bounce back towards 3800 levels. 

chana trading levels :- support - 3713 /3734 /3747 pivot level - 3768 resistance level - 3781 /3802 /3815 

NCDEX jeera trend today :- Any break of 12200 with volume may see a lower price correction towards 11780 levels. 

Jeera trading levels :- support - 12090 /12145 /12190 Pivot level- 12245 Resistance level -12290 12345 12390

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