Tuesday, November 22, 2011

Commodity NCDEX tips

International commodity markets are seeing strength. Cotton futures trading today looks dull. Is also affected by weakness in spot futures. While there is still pressure in soybeans. The whole month soybean futures trades in narrow range of Rs 2160-2260 is shown. The international market is at the lower levels of soybean 13 months.

SOYABEAN(DEC 11) is consolidate trend, trader may buy soyabean RESISTANCE : 2325 and above this levels 2370 else sell soyabean SUPPORT : 2240 and below this levels 2195
PEPPER (DEC) trend is Consolidat trader may buy guarseed RESISTANCE : 35230 and above this levels 35900 else sell pepper SUPPORT : 33860 and below this levels 33200

1 comments:

aditi said...

Traders with less capital and risk bearing capabilities can trade in agriculture commodities. Experts from Financial Advisory Services providers can suggests useful NCDEX tips which can help in earning good profit.

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