Tuesday, 18 December 2012

MCX NCDEX Updates |MCX Tips

MCX NCDEX tips,free gold silver updates,commodity market trading tips,ncdex agri trend

MCX NCDEX Commodity Updates :- Currently in commodity market mcx segment is trading with positive note.While ncdex segment is trading with volatile note. 

Cardamom Jan MCX : Prices plummeted sharply from a high of 1017.4 and closed the day at 981.6 levels. As prices crashed the trend line support of 1000, selloffs kicked off, and may see continuation of fall towards 950 followed by 925 regions in the near term. Supporting to that, daily RSI and MACD also ignited towards bearish mode. Conversely, any acute rise above 1050 could negate our bearish outlook immediately. 

NCDEX Updates :- Chana Jan NCDEX-After yesterday’s short covering rally, if prices are unable to surpass above 4020 could continue current lower correction. Refined Soy oil Jan NCDEX- If prices are able to break above 725, could see a punching upside momentum towards 736 followed by 750 levels in the near term. 

MCX Tips :- Buy MCX Silver above 61800, with Stop loss of 61550, for target of 62150.

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