Tuesday, 9 July 2013

Commodity NCDEX Updates |NCDEX Coriander Trend

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Commodity NCDEX Updates :- Jeera Aug NCDEX - While below the resistance of 13670 expect to see downside moves to 13380/13250 levels.
Soybean Oct NCDEX - As long as 22 day EMA obstruct the upside moves at 3185, a lower correction would be seen towards 3100/3050 levels.
Turmeric Aug NCDEX - It need to break the support of 5760 for selling pressure to continue towards 5600/5500 levels.

NCDEX Coriander Trend :- NCDEX Coriander Trend is negative and further down-side is expected in the near term.Traders may sell around 6250 with the stop loss of 6340 for the target of 6080.

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