NCDEX Pepper: Prices have been range bound for the last six weeks. Therefore, we expect to see the breaking of 36700 levels and triggering a sharp fall towards 36100 followed by 35000 levels. On the higher side, it has to break above 38600 for starting a new bullish wave. The momentum, then, is expected to continue towards 39000 and further towards 40000 levels in the near term.
NCDEX Chana: Chana futures climbed on Tuesday to another record high in anticipation of costlier imports to feed robust domestic demand, taking the rise to 11.7 percent since the end of April. In the Delhi spot market, Chana rose 110 rupees to 4,210 rupees. Bullish momentum may continue towards 4320 followed by 4350 levels.
MCX Gold
MCX Gold June suggest that prices are trading close to a crucial support of 28500 levels. MACD is in a sell mode. We expect prices to correct up to levels of 28300 if prices trades below 28500.
MCX Silver
MCX Silver July suggest that prices have breached the crucial support of 55000. RSI is in a sell mode. We expect prices to correct up to levels of 53500.
MCX Gold June suggest that prices are trading close to a crucial support of 28500 levels. MACD is in a sell mode. We expect prices to correct up to levels of 28300 if prices trades below 28500.
MCX Silver
MCX Silver July suggest that prices have breached the crucial support of 55000. RSI is in a sell mode. We expect prices to correct up to levels of 53500.
Here are Free Commodity Tips For MCX and NCDEX-
| Commodity | Contract | Strategy | Rate | Target 1 | Target 2 | Stop-Loss |
| Gold (MCX) | June | Sell | 28680 | 28450 | 28400 | 28800 |
| Silver (MCX) | May | Sell | 54950 | 54400 | 54150 | 55450 |
| Crude (MCX) | May | Buy | 5165 | 5230 | 5250 | 5120 |
| Copper (MCX) | April | Sell | 437 | 431 | 428 | 440 |
| Nickel (MCX) | April | Sell | 940 | 918 | 910 | 950 |
| Zinc (MCX) | April | Sell | 106.2 | 105 | 104.6 | 107.20 |
| Lead (MCX) | April | Sell | 111.4 | 109.5 | 109.1 | 112.70 |
| Aluminium MCX | April | Sell | 109.8 | 108.7 | 108.4 | 110.8 |
| Chilli (NCDEX) | June | Buy | 4955 | 5020 | 5080 | 4910 |
| Pepper (NCDEX) | May | Sell | 36950 | 36650 | 36300 | 37080 |
| Jeera (NCDEX) | May | Buy | 13520 | 13680 | 13850 | 13390 |
| Turmeric NCDEX | May | Buy | 3650 | 3700 | 3750 | 3625 |
