Thursday 1 August 2013

ncdex chilli level, mcx future market tips, august 1st 2013 base metal trend

11:47  , , , , , ,  4 comments

The precious metals are showing both the trends up and down, the yellow metal is rising up while the white metals is slipping down in early trade. All the base metals are looking bearish, the energy products crude oil and mentha oil are working in a positive side. 
 
CHILLI : The ncdex chilli is looking bearish today for all trading session, its price is heavily dropped. Specially for the august contract its price slumps around 74 points or 1.39 percentage to Rs. 5266. Its support level seen at 5485.9 and resistance level at 5638.1 

The ncdex market looks same as of yesterday. Some of the food grains looks positive while some are going to negative side. From last couple of days the mcx cotton is working strongly for the future delivery. 

Buy crude oil tg 6436.00/6440.00/6460.00 sl 6410.00 

Buy cotton tg 19850/19860/19870 sl 19800

4 comments:

  1. Anonymous13 December 2013 at 23:11

    Today’s trends for commodity
    NICKEL (31 DEC) TREND: CONSOLIDATE
    RES 1: 872
    RES 2: 877
    SUPP 1: 858
    SUPP 2: 852.50
    STRATEGY: BUY ON DIPS
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