Mentha Oil Tips Support & Resistance Level For today
Support for the Menthol oil is between 1319.7-1297.3 and Resistance in between 1375.4-1408.7.
NCDEX Jeera Tips Support & Resistance Level For today
Support for Jeera is in between 15887-15503. Resistance 16462-16653.
MCX Crude Oil Support & Resistance Level For today
Buy crude oil around Rs 5,050 per barrel with stop loss of Rs 4,990 & Target of Rs 5,100-5,150 per barrel.
MCX Aluminium Support & Resistance Level For today
Buy Aluminium at Rs 105.50 per kilogram with a stop loss below Rs 104.20 Targets of Rs 107.
Subscribe our MCX Tips Free Trial on Mobile by SMS From Saturday 21 July 2012 To Monday 23 July 2012 By SMS:
MCX NCDEX Trading Tips for Today 29 June 2012
Selling pressure in the ncdex commodity market has caused the red pepper prices to go fall below the expected levels. In the spot market the due to the abundant stock and weaker export demand has pressurized the current market price of chilli to trade at the lower.However, in Andhra Pradesh late fall sowing may be limit the prices of red pepper and chilli. Further Summer pulses target area was 17.49 million hectares which was later reduced to 15.11 million hectares.
Hence we recommend following technical levels for today:-
NCDEX Red Chilli July Price: 4960-4980 Target: 4870 Stop Loss: 5030
NCDEX Chana July Price: 4335-4342 Target: 4385 Stop Loss: 4317
NCDEX Jeera (July futures): Buy – 13,700 to 13,750, stoploss of Rs – 13 550 and the target – 14000
NCDEX Cotton cake (August futures): Sell – 1375, stoploss of Rs – 1408 and the target – 1325