Monday, December 19, 2011

NCDEX Updates Today : Guarseed is looking bullish

NCDEX, NCDEX Tips, NCDEX Live, NCDEX Today, NCDEX Price, NCDEX Trend, NCDEX Chana Tips, NCDEX Pepper Tips, NCDEX Jeera Tips



Commodity Highlights

  • Gold weakens after fitch downgrade warning.
  • Oil firms as dollar pares gains.
  • Copper falls on europe's credit-rating downgrade worries.
  • Indian spices trade up on short covering.


Here are technical levels for NCDEX Commodities-

SOYBEAN (JAN)

TREND                     Consolidate
RESISTANCE 2        2530
RESISTANCE 1        2485
SUPPORT 1              2395
SUPPORT 2              2350
STRATEGY               Buy on Lower Levels


GUARSEED (JAN)

TREND                     Bullish
RESISTANCE 2        6750
RESISTANCE 1        6625
SUPPORT 1              6370
SUPPORT 2              6250
STRATEGY               Buy on lower Levels


CHANA (JAN)

TREND                     Consolidate
RESISTANCE 2        3550
RESISTANCE 1        3480
SUPPORT 1              3350
SUPPORT 2              3280
STRATEGY               Sell on higher Levels


PEPPER (JAN)

TREND                     Consolidate
RESISTANCE 2        37050
RESISTANCE 1        36315
SUPPORT 1              34920
SUPPORT 2              34210
STRATEGY               Sell on higher Levels

 

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