Tuesday 19 June 2012

MCX NCDEX Live Trend And Tips Today

MCX Tips For Today,Free commodity tips,mcx cardamom tips and trend today,gold tips

MCX NCDEX Live Trend Today :- After rise in commodity segment yesterday,today Commodity market open at positive note.The gold market’s immediate focus will shift to a meeting this week of the U.S. Federal Open Market Committee now that Greek elections have passed.we expect precious metals to trade with a negative bias on the back of rise in risk aversion in the global markets coupled with strength in the DX. On the MCX, depreciation in the Indian Rupee will prevent further fall in prices. 
Crude oil is going to trade on a range bound note today due to negative global market sentiments coupled with strength in the DX. While on the other hand US crude oil inventories are expected to decline which will support upside in prices. 
Toady base metals to trade on a negative note on the back of rise in risk aversion in the global markets coupled with strength in the DX. Peper Ncdex Levels :- Pepper has support at 39237 if this will break then next support will be at 39603 and have resistance at 40086 if this will cross then next resistance will be at 40448. 

MCX Tips For Today :- MCX Gold Buy Around 30250 / 30300, stop loss 30150, target 30450 / 30575. 

Mcx lead Sell Below 106.3, Stop loss 107.1, for target 105.5 / 105. 

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