Tuesday, December 27, 2011

NCDEX Today: MCX Base Metal Tips and Trend For Today

NCDEX, NCDEX Tips, NCDEX Live, NCDEX Today, NCDEX Price, NCDEX Trend, MCX base metal, MCX Zinc, MCX Nickel, Commodity Outlook, MCX Outlook


Commodity Updates:

  • Gold hovers around $1,600; us data, europe eyed.
  • Crude trades near highest in two weeks on u.s. economic recovery outlook.
  • Shanghai copper slips; investors eye us data.
  • Domestic oil and oilseed continue uptrend on fresh buying.


MCX Base Metal Trend For Today-

ZINC (DEC)

TREND             R 2          R 1          S 1         S 2          STRATEGY
Consolidate     101.70     99.50       96.70      94.40      Sell on higher Levels


NICKEL (DEC)

TREND             R 2           R 1           S 1          S 2          STRATEGY
Consolidate      1065         1020          940         900         Buy on Lower Levels




Here are technical levels for NCDEX Commodities-

SOYBEAN (JAN)

TREND              R 2            R 1            S 1           S 2           STRATEGY
Consolidate       2540          2495          2405        2350         Buy on Lower Levels



GUARSEED (JAN)

TREND                R 2            R 1            S 1           S 2          STRATEGY
Bullish                 7310          7160         6890         6750        Buy on Lower Levels



PEPPER (JAN)

TREND                 R 2            R 1           S 1          S 2           STRATEGY
Consolidate          34150        33500       32200      31600       Sell on higher Levels
 

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