Wednesday, 17 April 2013

Mcx Gold Updates |NCDEX Agri Market Trend

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Mcx Gold Updates :- After some recover yesterday, today gain mcx gold fell down with by 0.89 per cent to trade at Rs 25,536 per 10 grams after participants booked profits even as metal advanced for the second day in the global market. 

 Chilli July NCDEX Trend :- Prices nose dived on yesterday’s session from 6806 and finally settled at 6534 levels. As it broke the major lower support of 6660, the trend turned bearish supporting further down flow towards 6440 and then 6380 levels. This drop in prices is also supported by daily RSI, which is treading lower at 32 levels. Possible short covering rally is seen above 6660 levels. 

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