Friday, March 16, 2012

NCDEX Live Tips and Trend For Today: 17th March '12

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

Pepper Apr ncdex: If prices are able to trade above the support of 39610, then the day’s outlook remains positive. Moreover, in case of any voluminous breakout above 42000 levels, then a major rally will be initiated towards 42900 followed by 43500/45000. Conversely, any trade below 38000 may trigger profit booking.

Refined soy oil Apr ncdex: As long as prices stay above the key support of 730, then a positive bias may prevail in the market. The daily RSI is also found supportive for underlying bullishness in the counter. Conversely, the bullish sentiments may be dented if prices fall below 718 levels in the immediate run.

Here are live agri commodity trend for today's trading-

Technical Strategy

CARDAMOM April mcx
As long as prices stay above 1090, then the upside may trend towards 1150 followed by 1190 levels
JEERA Apr ncdex
A short covering rally is anticipated if prices are able to trade above 13400 towards an upside target of 13600 followed by 13800 levels
Chilli Apr ncdex
Any trade below 5600 selling may see movement towards 5300 followed by 5124 levels in the immediate run.
Guar seed Apr ncdex
A bullish view is seen towards 25000 levels in the immediate run. Resistances: 25250/26000
Guar gum Apr ncdex
Bullish view. Resistances: 79000/80000
MSEED Mar ncdex
If prices are able break and sustain above 3760, an uptrend may be witnessed towards 3790 followed by 3825/3845 levels.
KAPAS April ncdex
Any Inability to to trade above 850 levels will cause weakness, causing a slide towards 800 followed by 775 levels in the near term
Maize Apr ncdex
If prices are able to sustain above 1180, then the upside target will be 1200 followed by 1220 levels
Any trade above 2230 will cause an upside trending towards 2280 followed by 2320 level
Wheat Mar ncdex
Any trade below 1265 could see a downside correction towards 1230 followed by 1200 levels in the near term.
Chana Apr ncdex
Positive bias prevails as long as prices stays above 3820.


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