MCX Gold Tips Today| NCDEX Trend 24 April 2012

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MCX Gold trend today :- MCX gold is trading up on Tuesday morning trade as investors watch out for the US Federal Open Market Committee (FOMC) meeting scheduled later in the day.Today both mcx ncdex commodity market open at positive note. 

Trading levels :-Support-28638/28410.7 

Resistance-28924.4/29152.6 

Pivot levels-28632.3 

MCX Gold tips today :- Buy gold above 28700 with a stop loss placed below 28500 levels for a target of 29000. 

MCX Cardmom trend today :- If prices are able to sustain below the 45 day EMA support at 1151, we would see a lower correction towards 1100 followed by 1078 levels. 

Trading levels :- support-1060/ 1081 /1102 

pivot levels:- 1123 

Resistance- 1144 /1165/ 1186 

NCDEX Pepper Trend Today :- Break of 37800 with volume may see prices fall towards 37400 followed by 36700/36000 levels for the day. Moreover, leading indicator RSI is at 41 and turned lower, suggesting an immediate price correction. However, inability to break below the same may see prices turn sideways to lower. Trading levels:-support-37800 /36700 Resistance-38210/39250 pivot levels:-37800-39650.

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