Thursday, March 1, 2012

NCDEX Commodity Trend For Today: 1st Mar '12

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


Refined Soy oil Mar ncdex- Upside momentum seen, if prices are able to trade above 710.

JEERA Mar ncdex- Sideways expected. Support: 14000/ 13670

Chilli Mar ncdex- As long as prices hold the support of 5580(45 day EMA support) likely for a push higher towards 6000.

Guar seed Mar ncdex- Weak bias seen. Supports: 18040/17400

Guar gum Mar ncdex- Weak bias seen. Supports: 57550/55340

RMSEED April ncdex- A sideways to lower trend seen towards 3560 followed by a major fall towards 3510.

KAPAS April ncdex- Weak bias expected, if prices stay below 850 for the day. Supports: 800/788/775

Maize Mar ncdex- If prices sustain to trade below 1175 may see prices to trade lower towards 1130 followed by 1100 levels.

MENTHAOIL Mar mcx- Bullish view. Resistances: 2060/2090 followed by 2200. 

Wheat Mar ncdex- Likely to continue prevailing selling pressure towards 1200 followed by 1170, if 1225 caps upside.

Chana Mar ncdex- A major support is seen at 3690, breaks below the same may see prices o correct lower towards 3660 followed by 3640.
 

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