Wednesday, February 1, 2012

NCDEX Tips and Trend For Today: 2nd 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

Agri commodities:
CPO February 12 contract was up 0.29% to Rs 518.70 per 10 kgs, cardamom March 12 contract was up by 1.11% to Rs 710.60 per kg, sugar April 12 contract was up by 1.13% to Rs 2,947 per 100 kgs, potato March 12 contract was up by 0.58% to Rs 732.50 per 100 kgs, potatoTRWR March 12 contract was up by 0.95% to Rs 573 per 100 kgs while kapas April 12 contract was down by 3.95% to Rs 881.40 per 20 kgs, refsoyoil April 12 contract was down by 0.61% to Rs 690.75 per 10 kgs, menthaoil April 12 contract was down by 2.44% to Rs 1,603.90 per kg and cotton March 12 contract was down by 1.27% to Rs 17,890 per bales.


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 2525, else below the support level of 2390 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 3320 and a support level of 3140. 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 29400-29000 levels in its last trading session. Now it has resistance level of 30000 and a support level of 28450. We suggest to sell pepper on higher levels.

 

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