Monday, November 28, 2011

commodity MCX and NCDEX tips

MCX tips:
Crude oil and base metals, including gold silver all seen bullish. Last week there was selling pressure on gold and silver. but today both closed positive.
MCX Outlook:
GOLD(DEC) Gold is consolidate trend, Gold outlook Resistance 28930 and above this levels 29200 else Support: 28530 and below this levels 28250. and MCX SILVER (DEC) also is consolidate trend, Silver outlook Resistance: 56900 and above this levels 5800 else Support: 54000 and below this levels 52800.
MCX CRUDE OIL (DEC) trend is Bullish trader may buy crude oil above 5140 else sell crude oil and below 5010.

NCDEX Tips:
Today in commodity market is seeing action in red pepper. Red pepper is looking down today and in NCDEX market cumin and turmeric was in moderately fast.
NCDEX Outlook:
TURMERIC(DEC) trend is consolidate trend, trader may buy turmeric RESISTANCE: 4825 and above this levels 4910 else sell gold SUPPORT: 4680 and below this levels 4590.
GUARSEED(DEC 11) is consolidate trend, trader may buy guarseed RESISTANCE : 5160 and above this levels 5250 else sell guarseed SUPPORT : 4990 and below this levels 4880

1 comments:

Neha Agrawal said...

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