Thursday, February 2, 2012

Commodity Updates and NCDEX Tips For Today: 3rd Feb '12

NCDEX Tips, NCDEX Trend, NCDEX Chana, NCDEX Jeera, Free NCDEX tips, NCDEX soyabean, Guarseed, free commodity tips, agri trading tips, commodity intraday tips


  • Gold rises to 8-week high, firm euro supports.
  • Crude oil falls to six-week low as u.s. stockpiles rise, fuel demand slip.
  • Copper trades steady ahead of u.s data.
  • Domestic oil and oilseed trade low.

NCDEX Soybean (Feb)
Soybean is looking consolidate in its last trading session. It could get a bull trend if it manages to trade above the resistance level of 2515, else below the support level of 2375 it would be a down trend. We Suggest sell soybean on higher levels.

NCDEX Chana (Feb)
Chana is also trading in a consolidate pattern. It is having a resistance level of 3380 and a support level of 3190. It may get a bearish trend in coming trading session. An intraday trader should sell chana on higher levels.

NCDEX Pepper (Feb)
Pepper is trading between 30450-29000 levels in its last trading session. Now it has resistance level of 30350 and a support level of 28700. We suggest to sell pepper on higher levels.


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