MCX Commodity Trend And Tips |NCDEX Commodity Updates

ncdex agri tips and trend,free commodity market updates,gold silver tips,support and resistance range in mcx market

NCDEX Commodity Updates :- Pepper Feb NCDEX: Prices nosedived sharply from 34725 and closed the day at 34110. Prices are trading well below the 13 day EMA resistance at 35000, so gloomy outlook perceives and expect selloffs towards 34000 followed by 33500 levels. Meanwhile, the indicators are slowly recovering from an oversold situation which could limit strong sell-offs. Unexpected rise above 35150 could resume pullback rallies. Support – 34000/33200 Resistance – 34470/34800. 

MCX Commodity Trend :- Gold future : good above 31214 resistance - 31306/31383/31509/31588 & weak below 31184 support- 31097/31049/30972/30846 Silver future good above 62455 resistance 62748/63009/63433/63735 & weak below 62264 ssupport- 61900/61639/61215/60913. 

MCX Tips Today :- Lead (Dec) Buy 121.3-121.5 for target of 122.5 / 123.5 with stop loss of 120.8. 

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