Wednesday, 8 May 2013

MCX Commodity Market Up Setiments | Tips and Trend

mcx base metal tips,gold silver tips 8 may 2013 ,jeera ncdex trend,kapas trend,intraday commodity news,energy tips,

MCX Commodity Market Up Sentiments :- Today all commodity segments have positive bias trading session.Base metals ended lower, however the pack is expected to trade firm today, deriving cuesfrom encouraging Chinese trade data. Gold Trend :- June futures last recovered from a low of 25270 however prices now hold strong resistance at 27500 & trend remains down till the given level holds. On the lower side, support holds at 26880, a breach below the given levels further selling is expected till 26000 & 25300 levels. 

Ncdex Trend :- NCDEX Soybean June futures could retest 3910-3920 levels on upper end and will continue its declines towards 3829 followed by 3760 levels. 

Jeera Trend :- NCDEX Jeera June contract is still remains weak, leaving room for further declines towards 12500 levels.

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