Friday, 5 April 2013

MCX Commodity Updates| NCDEX Trend 5 April

mcx base metal tips today,live calls in mcx ncdex,gold trading tips,commodity energy tips today, ncdex chana tips today 5 April 2013

MCX Commodity Updates :- MCX Commodity Market is trading under pressure both gold and silver is trading at red note.Gold price fell 0.20 per cent to Rs 29,342 per 10 grams in futures trade today as participants reduced their positions largely in tandem with a weak trend overseas.Gold and silver have weak trend today. 

NCDEX Trend :- Pepper May NCDEX: Prices have been consolidating within the range of 36150- 35500 levels for the last one week. It has to break and sustain above the key resistance of 36150 for re-starting the next leg of bullish rally towards 36500/36900 levels. Unsuccessful attempts to trade above 36100 would see selloff towards 35350/35000 levels. Daily RSI is sending neutral signal to the market and hence a choppy session expected ahead.

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