MCX Tips For Today
MCX Gold Tips
In MCX Gold the daily chart of Gold suggest that the prices have taken resistance at 127% extension. Stochastic is losing its strength and prices are trading above the short term averages. We recommend a sell around 31050 levels with a stop loss placed above 31150 levels for a target of 30810 levels.
MCX Silver Tips
In MCX Silver the daily chart suggest that prices are trading near a crucial resistance of 58500 levels. Stochastic is losing its strength and prices are trading above short term averages. We recommend a sell around 58200 levels with a stop loss placed above 58600 levels for target of 57100 levels
NCDEX Tips For Today
- NCDEX Chana Sep: Persistent trades below 4800 may see continuation of downfall towards 4690 levels during the day.
- NCDEX Soybean Oct: A break of 22 day EMA support at 3960 is required to see a downfall towards 3900 levels.
- NCDEX Kapas April: If prices break below 1125 then expect a downside correction towards1100 levels. Sell is suggested below 1125.
- NCDEX Jeera Tips: Sell Jeera below 15000.
- NCDEX Chilli Tips: Sell Chilli on Pullbacks.