Monday 5 November 2012

Commodity Market Strategy |MCX NCDEX Tips Today

ncdex agri tips today,commodity market tips and trend,gold updates for today,mcx ncdex tips

Commodity Market Strategy Today :- In today’s session we expect precious metals to trade on a bearish note due to weak global market sentiments along with strength in the DX. Investors are also following a cautious approach ahead of US elections. In the domestic market depreciation in the Indian rupee is expected to support an upside in the precious metals on MCX. MCX Gold Dec’12 Support - 30420/30300 Resistance – 30600/30680 . MCX Silver Dec’12 Support- 57200/56700 Resistance – 57900/58200. 

Base Metal Updates :- Base metal prices are expected to trade on a bearish note due to weak global market sentiments along with strength in the DX. However, sharp downside in the prices might be cushioned on the back of favourable data from the Chinese economy. Depreciation in the Rupee will act as a supportive factor for the base metal prices on MCX. 

MCX NCDEX Tips Today :- Copper MCX (Nov) Sell Below 415.5 For target of - 412.5 /409.5 with stop loss of 418. 

Jeera NCDEX (Dec) Buy 14600-14620 for target of - 14750 / 14900 with stop loss of 14540.

MCX Gold,silver,Crude oil,copper,Ncdex Commodity Market Tips By SMS On Your Mobile You Just Need To Fill Free Trial Form And get Max Accurate MCX NCDEX Tips.

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