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NCDEX Soybean Trend Today :- If prices are able to
sustain and trade above the support of
3300 levels, then we may expect prices to
trade higher towards 3360 followed by
3400/ 3420 levels for the day. Conversely,
an unexpected fall below 3250 may dent
near term bullish expectations.
Trading levels:-support-3300/3218
Resistance-3375//3445
pivot levels:-3250-3311
MCX Commodity Updates :- At MCX precious metals like gold and silver together with copper are moving lower on Monday after a stronger Chinese PMI failed to convince investors on the strength of the Chinese economy.
MCX Bullion Trend today :- Gold and silver prices are expected to trade on a flat note with a mild
bearish tone today, on the back of a stronger dollar coupled with rise in
rise aversion in the global markets. Bullion prices on the MCX are
expected to trade on a flat note today.
Gold Trading Levels :- support- 28600/28527
Resistance- 28774/28914
MCX Crude Oil trend today :- crude oil is expecting the prices to trade with a sideways bias in today's
session as on one hand, halt in crude oil exports from Iraq and
favorable manufacturing data from China will help upside in oil
prices, but on the other side global uncertainties and a stronger
dollar index will exert pressure on prices.
MCX Crude oil Trading levels :- Support -5392/5344
Resistance:-5450/5480.
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