MCX Tips Today,free intraday commodity tips,mcx ncdex commodity trend,ncdex agri market live updates,crude oil tips
MCX Bullion Market Updates :- In Commodity MCX market is trading at negative note while ncdex market is also trading with lower trend.we expect precious metals to trade with positive bias due to firm global market sentiments along with weakness in the DX. However, no constructive step has been arrived at to solve the issue. The fiscal cliff will come into force from 1st January, 2013. This is expected to cap gains of the precious metals. In the domestic markets however, appreciation in the Rupee will restrict rise in the MCX precious metal prices.
MCX Gold Feb’13 Support - 30980/30900 Resistance – 31150/31250 .
MCX Silver Mar’13 Support - 60300/59900 Resistance – 61000/61300.
NCDEX Tips :- Chana (Jan) Sell Around 3980 for target of 3950 - 3920 with stop loss of 4002.
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