Tuesday, 30 April 2013

MCX Tips and Updates |NCDEX Trend Today

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Gold is gain on drop today,its trading at its negative bias,Gold dropped 1 percent to a session low of USD 1,460.49 an ounce on Tuesday as holdings on SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, plunged to their lowest since 2009. Mcx 

Crude Oil Tips :- Short crude oil at 5115 stop loss of : 5145 Target : 5055. 

NCDEX Updates :- Chana May NCDEX: Prices nosedived sharply from a high of 3479 and settled at 3406 levels. A major horizontal trend line support is visible at 3400 and if broken the same with volume, could see downfall towards 3372 followed by 3350/27 levels for the day. Meanwhile, the daily oscillators are still looking for a potential fall. On the other side, if unable to break below 3400, could see pullbacks to 3450 region. 

NCDEX Tips :- Sell chana below 3400 . sell refined soyoil below 720. 

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