Tuesday, June 19, 2012

NCDEX, NCDEX Tips and Trend Today

NCDEX Pepper
June contract on the NCDEX decreased by Rs 300 a quintal to the last traded price (LTP) of Rs 39,700 a quintal. July and August were down by Rs 355 and Rs 365 respectively a quintal to the LTP of Rs 39850 and Rs 40125 a quintal. Pepper was expected to extend its weak trend due to subdued overseas demand because of higher price quoted for the Indian variety in the international market. Indian parity was offered at $7700 per tonne.

NCDEX Turmeric
Turmeric was sold above Rs 4,000 for a day alone in two markets, but on Monday only in Erode Cooperative Marketing Society two or three bags of turmeric sold at Rs 4,069 a quintal, due to placement of best quality turmeric for sale. He said though the Government announced the procurement of turmeric at Rs 4,000 a quintal, so far no such procurement is made by the Tanfed. The growers are also not willing to sell their produce at Rs 4,000 a quintal, as they expect minimum support price of Rs 10,000 a quintal.

NCDEX Chana
Arrivals of chana crop declined to 80000 bags while spot rates traded steadily in the range of Rs 43-44 per kg across major trading centers, as per trade reports. For Today consolidate to positive trading expected. NCDEX Chana may trade in a range bond of 4040-4200.
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Thursday, June 14, 2012

NCDEX Tips and Trend For Today: Live Updates

NCDEX Chana Tips
Chana futures rose on Wednesday after falling for three successive sessions tracking a firm trend in the physical market, where low-level buying by wholesale traders pushed up prices. Arrivals of chana crop declined to about 1 lakh bags while spot rates traded steadily & were offered in the range of Rs. 43-44 per kg across major trading centers, as per trade reports. Chana is looking negative at the moment. Technical report suggest a strong support at 4050 and a critical resistance at 4150. We suggest a sell in NCDEX Chana June below 4120, Target: 4080-4040, Stoploss would be above 4140.

NCDEX Pepper Tips
Even though prices cleared the resistance of 40500 the much anticipated rally towards 41000 region has not triggered yet. While the general trend continues to be positive, a lower correction cannot be ruled out towards 39800. On the higher side, it is required to clear above 41500 to set off prolonged short covering rallies. Conversely, any trade below 37900 would dent the near term bullish view. NCDEX Pepper is looking positive at the moment. Technical report suggest a critical support at 40082 and a strong resistance at 40818. We suggest a fresh buy in NCDEX Pepper June above 40200, Target: 40600-41000, Stoploss would be above 40200.

Intraday Pics For Today
  • SELL DHANIYA BELOW 3520
  • SELL MAIZE ON PULLBACKS
  • BUY JEERA ABOVE 1330
Agri Commodity Trend For Today
  • NCDEX Chana July: In case of consistent trades below 4190, we expect continuation of selling pressure towards 4040 levels.
  • NCDEX Soybean July: A break of 3430 is required for the next level bullish rally to start towards 3500 levels.
  • NCDEX Chilli July: Even though general sentiments remain positive, inability to sustain above 5310 then a mild lower correction is expected towards 5080 levels.
  • NCDEX Jeera July: Short covering rally is in progress towards 13250 levels. If prices were able to overcome the major obstacle of 13300 levels, the rally could extend towards 13500 levels in the immediate run.
  • NCDEX Rmseed July: Inability to trade above 13 day EMA obstacle at 3772 levels then downside correction is anticipated for the day.
  • NCDEX Kapas April: Sideways to lower for the day.
  • NCDEX Wheat July: If prices break below the support of 1162 region with sufficient volume then we expect to see a sharp correction towards 1140 levels.
  • NCDEX Maize July: A break of 1132 is required for a next turn in fall of prices towards 1115 levels for the day.
  • NCDEX Turmeric July: Inability to sustain above 3756, we expect to see prices to drag lower towards 3600 followed by 3500 levels in the near term.
  • MCX CPO June: A break of 543 levels is required for the next round of selling pressure to kick off.
  • MCX Menthaoil June: If prices are able to prop up above 45 day EMA support of 1389 then an upsurge of prices could be seen towards 1460 region.
  • MCX Cardamom July: A short covering rally is anticipated towards 1250 levels.
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Wednesday, June 13, 2012

NCDEX Today: Live Tips and Trend

NCDEX Pepper Tips
Pepper contracts traded higher due to tight supply situation in the market. Breaking of 40500 with robust volume may lift prices higher towards 41000 initially followed by 41400 levels. It is required to overstep 41500 to witness skyrocket prices of 42000 or even 43200 levels in the near term. On the other side, if unable to do so, then we may see prices trade sideways to lower for the day. However, the current bullish momentum may be dented only if trading occurs below below 37900 levels.

NCDEX Jeera Tips
Jeera prices are projected to trade on slightly positive note on cues from emergence of lower level buying from stockiest at spot front. Arrivals of jeera crop declined to about 10,000 bags while trades too were down at 9,000-9,500 bags at auctions held at Unjha market. Reports of declined production estimates for Syria and Turkey’s might also cushion jeera prices. However, overall trend is remaining very sluggish at spot market of Unjha as arrival at still higher a compared to usual which might weigh on sentiments.


Intraday Pics For Today

BUY NCDEX PEPPER ABOVE 40500.
SELL NCDEX MAIZE ON PULLBACKS.


NCDEX Commodity Trend For Today:
  • NCDEX Chana July: If trading is consistent below 4190 levels then we expect continuation of selling pressure towards 4040 levels.
  • NCDEX Soybean July: Inability to sustain above 3410 could result in a downfall towards 3275 region.
  • NCDEX Chilli July: If trading is consistent above 5100 then we expect prices to trade higher towards 5300 followed by 5500 levels in the immediate run.
  • NCDEX Jeera July: Short covering rally is on progress towards 13250 levels.
  • NCDEX RMSEED July: Inability to trade above 13 day EMA obstacle at 3772 levels then downside correction is anticipated for the day.
  • NCDEX KAPAS April 2013: If prices consistently trade above 975 levels, then we expect to see rise in prices towards 1000 levels in the near term.
  • NCDEX Dhaniya July: If prices break off below 3500 then a downside correction is expected in the immediate run.
  • NCDEX Turmeric July: Inability to sustain above 3756 we may see prices to drag lower towards 3600 followed by 3500 levels
  • MCX MENTHAOIL June: Prices hold the support of 1340 levels. Consistent trade above the same would result in upsurge in prices towards 1400 followed by 1425 levels.
  • NCDEX Maize July: In case of reliable trades below 1160 levels, we expect to see downside correction towards 1100 levels for the day.
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Tuesday, June 5, 2012

NCDEX Updates (Tips, Trend, Live Price) For Today

NCDEX Intraday Pics
  • SELL CHANA ON PULLBACKS.
  • SELL COCUD ON PULLBACKS.
  • BUY PEPPER ON LOW LEVELS.
For More Fill The Free Trial Form..


NCDEX Pepper Tips

Pepper futures prices are projected to continue the recovery on extended short covering. Overall trend is remaining very volatile due to lack of proper directions. In domestic market prices were consolidating in the range of 38000-39300 levels for the last four days. A direct rise of 39850 with ample volume is required for the next bullish wave to kick start. It is trading in a Bullish pattern with having a resistance of 39868 and a support level of 38423. We suggest to buy NCDEX pepper June on low levels.


NCDEX Jeera Tips

Jeera futures prices are projected to resume down trend on poor buying interest among traders at spot front. Jeera futures are seen trading lower due to weakening export demand and likely rise in output from other major producing countries. According to traders' opinion, the export demand have declined as the buyers from overseas market limited their purchases as they are awaiting the Syrian crop to enter into the market. NCDEX Jeera is trading in a consolidate pattern with having a resistance of 12498 and a support level of 12163.


NCDEX Commodity Updates
  • NCDEX Soybean July- Sideways trading for the day.
  • NCDEX Chilli July- In case of consistent trades below 4780, we expect to see continuation of selling pressure towards 4400 levels.
  • NCDEX Jeera July- If prices break below 12700 levels, then a major fall is expected towards 12500 levels.
  • NCDEX RMSEED July- Prices have to break below 3660 for correcting lower towards 3600 region.
  • NCDEX KAPAS April 2013- If prices can sustain trading above 924 levels, a pullback rally may be seen towards 950 levels.
  • NCDEX Dhaniya July- Even though sentiments look weak, a mild short covering is expected towards 3570 before continuing the downtrend.
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Monday, June 4, 2012

NCDEX Live Tips and Agri Commodity News For Today

NCDEX Pepper Tips

A major support is seen at 37900 levels which, if it holds, could see pullback rallies to 39000/39200 region. A direct rise above 39800 levels is needed for the next bullish wave to re enter in the counter. Conversely, on the lower side, if prices puncture the support of 37800 then a lower correction is anticipated towards 37000 levels in the immediate run. We suggest to Buy NCDEX Pepper Futures at low levels.

NCDEX Jeera Tips

NCDEX Jeera has reversed down after retesting the channel on the upside. A downfall may continue towards 12250 levels for the day. The rise on the weekly charts clearly looks corrective one i.e. an A-B-C pullback. The minimum target on the lower side is near the previous swing low i.e. 11250 and below that 10700. The resistance on the upside is pegged at 13530 levels. We suggest to Sell NCDEX Jeera Futures at high levels.

Intraday Sure Call For Today
  • SELL MAIZE ON PULLBACKS.
  • SELL DHANIYA ON PULLBACKS.
  • SELL RMSEED ON PULLBACKS.

For More info Just fill the Free Trial Form.

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Thursday, May 31, 2012

NCDEX Live Tips and Trend News For Today

NCDEX Pepper Tips
A horizontal trend line support is seen at 39200, sustained trade above the same may see a recovery rally towards 40300 followed by 40700 levels. For resuming next bullish wave, it has to break and persist above the 41000 convincingly. On the other side, a break of 39000 levels could see prices correcting lower till 38000. We suggest a trading Range: 39000-40100 above this range market may turn bullish.

NCDEX Chana Tips
Total arrivals of chana crop declined to 1.15-1.2lakh bags while the average spot rates traded firmly & were quoted in the range of Rs. 44-44.5 per kg across major trading centers. Spot rates of mentha oil again declined. A mild booking may see towards 4210 before resuming the uptrend for the day. If prices sustain to trade below 4250 then a downside correction is anticipated towards 4200.

NCDEX Jeera Tips
Spot rates for new jeera crop were unchanged & offered in the range of Rs. 126-128 per kg while the old crop was sold around Rs. 121-122 per kg. A firm support is seen at 12500 levels, holds above the same may see a pullback rally.For today in Jeera traders should go for selling at higher levels strategy, if Jeera sustains below the level of 12656 we can see the level of 12580, and above 12754 it can touch the level of 12830.


NCDEX Agri Commodity Tips For Today:

NCDEX Jeera : Sell between 12700-12720, Target: 12580, Stoploss 12830.

NCDEX Chilli :Sell below 4775, Target:: 4753-4700, Stoploss: 4825.

NCDEX Turmeric : Sell below 3690, Target: 3618-3580, Stoploss: 3740.

NCDEX Dhaniya : Sell below 3670, Target: 3600, Stoploss: 3715.

NCDEX Chana : Sell below 4245, Target: 4197, Stoploss 4290.

NCDEX Maize : Sell at 1120/1122 Target: 1111-1100, Stoploss: 1133.
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Wednesday, May 30, 2012

NCDEX Tips, Trend and Live Price For Today

NCDEX Pepper Tips

NCDEX Pepper futures fell as high domestic prices kept export demand at bay. Industry officials estimate 43,000-45,000 tons of local pepper output in 2012, compared with 49,000 tons last year. At Kochi, spot pepper was up 43 rupees to 39,575 rupees. Pepper futures prices are projected to trade on mixed to volatile note on back of prevailing speculative activities.


NCDEX Jeera Tips

NCDEX Jeera futures gained on shrinking supplies. In Unjha, a key market in the western state of Gujarat, the spot price fell 18.5 rupees to 13,444 rupees. Arrivals at Unjha fell to around 10,000-12,000 bags of 60 kg each from 15,000-17,000 bags daily at the start of this month. A firm support is seen at 12500 levels, holds above the same may see a pullback rally.


NCDEX Chana Tips

NCDEX Chana futures rose for a third consecutive session on Tuesday on thin domestic supplies. Production of pulses in India is expected to fall by 5.3 percent to 17.28 million tons in the current crop year ending in June, according to the farm ministry. In the Delhi spot market, Chana rose 114 rupees to 4,364. If prices are able to sustain above 4265 levels, then an upside momentum could see towards 4400 levels.


Free NCDEX Tips For Today

Commodity
Strategy
Levels
Target 1
Target 2
Stop-Loss
Chilli (Jun)
Hold Buy
4830-4840
4900
4950
4795
Jeera (Jun)
Buy Above
12830
12980
13130
12720
Turmeric (Jun)
Buy Above
3760
3790
3420
3730
COCUDAKL (Jun)
Buy Above
1150
1175
1200
1130
Chana (Jun)
Sell Below
4265
4230
4190
4290
Cardamom (Jun)
Buy Above
1355
1375
1400
1340
Soya bean (Jun)
Buy Above
3360
3390
3420
3340
Soya oil (Jun)
Buy Above
735.5
738
741
734.8
Mustard seed (Jun)
Buy At 3750
--
3775
3800
3735
 
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Tuesday, May 29, 2012

NCDEX Live Tips and NCDEX Prices For Today

NCDEX Pepper Tips
Bullish outlook will prevail as long as prices stay above 39300 levels for the day. But for a major rally to restart, it has to break above 41000 towards a target of 41500 followed by 42000 levels. Conversely, any break of below 37800 may see downside correction in the near term.

NCDEX Pepper is trading in consolidate pattern. Now it has resistance level of 41223 and a support level of 39928. According to our research report pepper will trade between these levels. An intraday trader should Sell NCDEX pepper at higher.


NCDEX Jeera Tips
Jeera futures are projected to trade downward due to weakening in export demand. Meanwhile, the supply is expected to decline gradually as the arrival season is now coming to an end and may support the prices. A firm support is seen at 12500 levels, holds above the same may see a pullback rally.

NCDEX Jeera is trading in consolidate pattern. Now it has resistance level of 12854 and a support level of 12431. According to our research report jeera will trade between these levels. An intraday trader should Sell NCDEX jeera at higher levels.


NCDEX Chana Tips
Chana futures rose on Monday on bargain buying after a recent fall in prices, while firm spot market prices due to thin arrivals also aided buying In the Delhi spot market, Chana rose 65 rupees to 4,250 rupees per 100 kg. For today if prices are able to sustain above 4200 levels, then an upside momentum could see towards 4300 levels.

NCDEX chana is trading in consolidate pattern. Now it has resistance level of 4320 and a support level of 4210. According to our research report chana will trade between these levels. An intraday trader should Buy NCDEX chana at low.

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Monday, May 28, 2012

NCDEX Live Tips and Trend For Today

NCDEX Chana Tips

With lower output estimates coupled with negligible stocks of last year, Chana supplies may fall short of consumption demand, thus supporting the upside in the prices in the medium term. However, Chana being an essential commodity, sharp gains may be capped as government might intervene to curb the rising prices.
We Suggest to Buy NCDEX July Chana between 4230-4250, SL-4150, target 4400/4500.


NCDEX Pepper Tips

Pepper stocks with Vietnam are currently around 65-70 thousand tonnes. Thus they have ample stocks to liquate. Pepper prices are expected to trade sideways as arrivals in the domestic market have improved coupled with increased offtakes. However, fresh arrivals from Malaysia and Indonesia have commenced and that may resist prices from trading higher
NCDEX Pepper July contract - Support – 39000/38500, Resistance- 41500/42500.


NCDEX Jeera Tips

Jeera prices are likely to witness further selling pressure owing to fragile overseas demand coupled with ample supplies of spice in the domestic market. However, sharp downside in the prices are likely to be cushioned owing to lower acreage under jeera and carryover stocks in Syria.
We suggest to Sell NCDEX July Jeera between 13260-13300, SL-13560, Target 128000/12700.


NCDEX Turmeric Tips

Turmeric prices are expected to witness further selling due to ample supplies in the domestic market coupled with lower offtakes by the overseas and local buyers. Arrivals of Turmeric have although reduced in Nizamabad Erode arrivals continues to remain good at around 14-15 thousand bags daily.(each bag weighs 70-75 kgs).
We suggest to Sell NCDEX July Turmeric between 3920-3940, SL-4070, Target 3740/3685.
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Friday, May 25, 2012

NCDEX Tips and Agri Commodity Trend For Today

NCDEX Chana Tips
NCDEX Chana June, futures prices initially moved to the high of Rs 4214 level but later on it corrected back to settle at Rs 4154 level. Prices are trading along the negative channel to signal continuation of downward trend. Resistance is seen at Rs 4204 levels breach of this level then it can test Rs 4254 levels. Support is at Rs 4,095 breach of this level, then it could correct to Rs 4036. A break of 4135 may see a price correction towards 4060 levels. We suggest to sell NCDEX Chana below 4135.

NCDEX Pepper Tips
NCDEX Pepper futures looking consolidate. A break of 38000 levels with sufficient volume may see prices correcting lower towards 37000 for the day. Moreover, prices are trading well below the 13, 22, 45 day EMA resistances suggesting weakness in the near term. On the other hand, any trading above 39800 may turn prices into the bull camp again. NCDEX pepper has a strong supprt at 37060 and a resistance near 39000 levels.

NCDEX Jeera Tips
NCDEX Jeera futures looking up at the moment and may trade higher amid fall in arrivals in spot markets. Jeera futures prices are projected to continue the recovery on lower level buying. Continuous decline in arrivals at spot market of Unjha as arrival season is coming to end might support prices to move up. However, slow down in buying activity from local buyer might limit the gains during the day.

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Wednesday, May 23, 2012

NCDEX Tips And Trend, Agri Commodity Tips For Today

NCDEX Jeera Has reversed down after retesting the channel on the upside. The rise on the weekly charts clearly looks corrective one i.e. an A-B-C pullback. It retraced exactly 38.2% of the fall from 17520 levels to 11275 levels; this also confirms this was a wave X. The minimum target on the lower side is near the previous swing low i.e. 11250 and below that 10700. The resistance on the upside is pegged at 13530 levels.

In NCDEX pepper a stiff resistance is placed at 41000; hence, it is required to break the same with volume for it to continue the rally towards 41500 followed by 42000 levels. Meanwhile, if unable to break the same, we may see a mild profit booking towards 39780 before resuming the next bullish wave. Conversely, only a break of 38600 would negate our near term bullish view.
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Tuesday, May 22, 2012

NCDEX Live Trend And Commodity News For Today

In NCDEX pepper as long as prices stay above 38600, we expect near term bullishness in the counter. Therefore, we favour a further rise in prices towards 41000 followed by 41500 levels, if prices are able to clear the crucial resistance of 40700. Otherwise, a mild profit booking may be seen in the counter towards 39500 levels in the immediate run.

Chana futures fell for a second session on Monday, weighed down by a sluggish physical market and lingering concerns about government intervention to curb rising food prices. Production of pulses in India is expected to fall by 5.3 percent to 17.28 million tons in the current crop year ending in June, according to the farm ministry. In the Delhi spot market, Chana fell 72 rupees to 4,177 Rs.

Here are Some Technical DATA For NCDEX
Commodity
Intraday View
Technical Suggestion


DHANIYA June ncdex
Down
As long as 3800 ( the 13 day EMA resistance) caps the upside, then a major fall is expected towards 3600 levels
Chilli June ncdex
Up
If prices break above 5050 levels, then we expect to see a rise in prices towards 5120 levels.
Chana June ncdex
Down
If prices consistently trade below the 22 day EMA support at 4175 then near term weakness persists towards 4051 levels.
Soybean June ncdex
Down
If prices break below 3350 levels then expect to see a mild correction towards 3280 levels.


MENTHAOIL May mcx
Down
If prices are unable to trade above the 22 day EMA resistance at 1560, then deep correction may be expected towards 1410 levels.
KAPAS April 2013 ncdex
Down
If prices break the support of 975, we expect to see a lower correction towards 950 followed by 925 levels.
Turmeric June ncdex
Up
If there are consistent trades above 3950, then we may see an upside rally towards 4180 levels
JEERA June ncdex
Down
A lower correction is anticipated towards 13250 levels for the day.


Pepper June ncdex
Consolidate
As long as prices stay above 38600, we expect near term bullish in the counter. So, we favour a bull trend above 41200.
 
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Monday, May 14, 2012

NCDEX Live Price and Tips For Today: 14th May

NCDEX Chana
During the week Chana prices have dived to as low as 4030 by erasing its previous gains. The long termtrend has not yet changed and this short-term downfall can be considered as an opportunity for the long term traders to buy on lower levels. Weekly RSI (14) & MACD both are placed in positive zone buy supporting our view. For today, in Chana one should go for buy on lower level strategy. If it sustains below the level of 4109 we can see the level of 4061 and on the upside if it touch the level of 4245 we can see Chana at 4285.

NCDEX Pepper
Pepper prices are expected to trade bearish on account of fragile demand the overseas buyers and imports of cheaper Pepper from Vietn from am into India. Any reports with respect to fresh arrivals of Pepper from Malaysia is also ikely to pressurize prices. Fresh arrivals from Malaysia will commence shortly.
Spot rates of pepper garbled declined to Rs. 377 per kg and that of un-garbled was down at Rs. 362 per kg. We suggest to Sell NCDEX June Pepper between 38150-38200, SL-38980, Target 36850/36300.
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Wednesday, May 2, 2012

NCDEX Updates (Tips and Trend) For Today: 2nd May '12

NCDEX Jeera Tips
Jeera sowing season in India starts on October to November and gets harvested on February to April, as the harvesting period is about to end, jeera arrivals are going to drop in the market and prices could shoot up. Further, we expect exports demand to go up as the subdued prices will attract export demand. From the mentioned factors we expect prices to shoot up in the coming months and test levels of 14000-14500.

NCDEX Chana Tips
Commodity market affected by total arrivals of chana crop stood steady 1.9-2 lakh bags while spot rates traded firmly & were quoted around Rs. 36.5-37.5 per kg. It is looking positive. As long as 3740 hold the downside expect a rise towards 3900 followed by 3940/4200 levels. It has a strong reisitance at 3,889 and a support at 3804. We suggest to buy NCDEX Chana around 3825 for the targets of 3860-3900, Stoploss of 3798.

NCDEX Pepper Tips
Pepper futures prices are projected to witness a small recovery on short covering during early treading hours. However, later on prices might turn down on back of bearish spot market sentiments. According to trade sources, big market players are trying to keep prices under pressure as they are expecting export demand to emerge at lower levels with fall in Indian prices. It is expected that ncdex pepper will trade between 36599 to 36860 levels. Although it has a strong resistance of 37646 and a strong support at 36358.
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Thursday, April 12, 2012

MCX Commodity Updates: Gold, Silver Copper Tips For Today: 12th April 12

MCX Gold Tips

MCX Gold edged lower on profit-booking, taking a pause after four days of gains on concerns about global growth and revived worries about the euro-zone debt crisis. MCX Gold suggest that prices have reversed after taking resistance at 28660 levels. RSI is in a sell mode. We expect prices to correct up to levels of 28400.

Trading Call:  
Sell MCX Gold below 28600 with a stoploss of above 28700 for target of 28400.

MCX Silver Tips

MCX Silver suggest that prices have reversed after taking resistance at 56500 levels. Stochastic is in a sell mode. We expect prices to correct up to levels of 55000. MCX Silver prices are expected to trade within a broad range from 56600 to 55300,

Trading Call: 
Sell MCX Silver below 56000 with a stoploss of above 56500 for target of 55000.

MCX Crude Tips

MCX Crude prices are expected to test 5350-5370 on higher end, one can buy on dips around 5280. MCX Crude Oil suggest that prices have reversed after taking support at 5235 levels. MACD is in a buy mode. We expect prices to go up to levels of 5350.

Trading Call: 
Buy MCX Crude above 5280 with a stoploss of below 5235 levels for target of 5350.

MCX Copper Tips

MCX Copper fell to its lowest levels since mid-January, as signs of a worsening debt crisis in Europe and slowing growth in China fueled concern that demand for the metal will stall. MCX Copper suggest that prices are trading near a crucial support of 416. Stochastic is in a buy mode. We expect prices to go up to levels of 421 if the prices trades above 417.

Trading Call: 
Buy MCX Copper above 417 with a stoploss of below 414 level for targets of 421.

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Saturday, January 28, 2012

NCDEX Tips and Trend For 28th Jan '12

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


SOYBEAN (Feb)

NCDEX soybean is looking weak in its next trading. Possibly it may touch 2400 level in Monday's trading. Although it has a support level of 2420 and a resistance level of 2580. We suggest that SELL soybean on its Higher Levels.

CHANA (Feb)

NCDEX chana is also facing a consolidate trend. Now it is going between 3140-3160, however it will be a good bet in near short term. It is having a support level of 3070 and a resistance level of 3240. A intraday trader should SELL chana on its higher levels.

JEERA (Feb)

NCDEX Jeera is another consolidate commodity in current market sentiment. It has a resistance level of 15600 and a support level of 14700. It is consolidate in its intraday trading buy looking strong in short term.
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Wednesday, January 25, 2012

NCDEX Tips and Trend For 27th Jan '12

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


NEWS HIGHLIGHT
  • Gold slips below 6-week high, focus on fed meeting.
  • Oil trades below $100 as rising u.s. stockpiles counter gasoline demand.
  • Copper slips from 4-month high as euro weakens.
  • Domestic oil and oilseed trade steady.

NCDEX Soyabean Trend-
Soyabean is looking consolidate trend in its next trading session with having the first resistance of 2590 and next is 2640 and the support level of 2495 and 2445. Intraday trader should Buy on lower levels.

NCDEX Chana Trend-
Chana is also a consolidate commodity in its next trading with resistance levels of 3210 and 3270 and support levels of 3090 and 3030. Intraday trader should Sell NCDEX chana on higher Levels

NCDEX Pepper Trend-
Pepper is looking consolidate in its coming trading session having resistance levels of 32620 and 33210 and support levels 31460 and 30840. Intraday trader should Sell NCDEX pepper on higher Levels
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