Thursday, 21 June 2012

NCDEX Tips and Trend Today

NCDEX Trend For Pepper:
NCDEX Pepper is looking to trade in a positive trend today. According to market analysis monsoon rain has increase the demand of pepper in market. Traders are not selling pepper on current levels and expecting more bull trend in NCDEX pepper. However NCDEX pepper has a bull trend but it has a critical support at 40330 and a strong resistance of 40967.

NCDEX Jeera Trend:
NCDEX Jeera was treded month low in this week. Market report suggest that traders are believing that the jeera will surely recover from its down trend and will get a bullish position in coming trading sessions. It has a stron resistance at 13786 and a support at 13330.

Buy NCDEX Pepper July above 40550 with a stoploss of 40390 to get target of 40900-41400.
Buy advised in NCDEX Chana June at 4130, Target of 4160 to 4190 with a stoploss of 4110.
Buy Cardamom July around 1270, Target should be arround 1290-1310, put Stoploss of 1255.

1 comment:

  1. A very informative post for traders who trade in ncdex this is. Traders can frame a better trading strategy by learning such updates on market timely. There are service providers like epic research who suggest precise ncdex tips.