Thursday, December 22, 2011

NCDEX Outlook Today: MCX Tips and Trend For Today

NCDEX, NCDEX Tips, NCDEX Live, NCDEX Today, NCDEX Price, NCDEX Trend, Commodity Outlook, MCX Outlook, mcx gold trend, mcx silver trend


Commodity Updates:

  • Gold edges down as europe debt worries persist.
  • Oil up as u.s istockpiles decline most in a decade.
  • Copper up with euro in ecb tender reaction.
  • Domestic oil and oilseed trade low on global cues


MCX Bullion Trend For Today-

MCX Gold -

TREND                 R 2             R 1            S 1              S 2            STRATEGY
Consolidate        28230         27960       27375         27120     Buy on Lower Levels

MCX Silver-

TREND                 R 2              R 1            S 1             S 2            STRATEGY
Consolidate        54700          53500       51050        50200     Buy on Lower Levels




Here are technical levels for NCDEX Commodities-

SOYBEAN (JAN)

TREND                R 2              R 1              S 1            S 2            STRATEGY
Consolidate        2490            2440           2350         2300      Buy on Lower Levels



GUARSEED (JAN)

TREND                R 2               R 1              S 1            S 2           STRATEGY
Consolidate        7180             7040           6770         6630     Buy on Lower Levels



PEPPER (JAN)

TREND                R 2                R 1             S 1            S 2            STRATEGY
Consolidate       37825            37160        35715       34990     Sell on higher Levels
 

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