Saturday 6 April 2013

MCX CRUDE OIL LEVELS AND NCDEX MARKET UPDATES


AGRI PRICES


In NCDEX market JEERA stands with Positive points, and for all Contracts it shows optimistic prices. Enhanced crop opportunity plus far above the ground arrivals in the marketplace may rotate the drift in next to phrase. Excellent sowing information or News from Rajasthan and Gujarat remain the manufacture prediction fine. For today Jeera has support at 13212.7 and resistance at 13467.8pts. Chili color is red and recently its market position for April delivery is also Red side, its movement we can see in red track and here we have chili support at 6380.8 and resistance at 6467.3 points. PRECIOUS METALS PRICES

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PRECIOUS METALS PRICES

Mcx Gold and Mcx Silver still in selling side and for this week we can say gold and silver both are looking in bearish mood and regularly traded at Negative or selling side. Cotton movement for today also seeing in negative side, from the morning it shows negative points.

Crude oil Levels:

Crude oil shows positive price in commodity market and today its opening price is 5103 and its yesterday closing price is 5094 and today has good support and resistance levels:
S1: 5043.3, S2: 5027.2, R1: 5144.9, R2: 5161




Live Calls

BUY SILVER ABOVE 51090 TARGETS 51110, 51140, 51180 STOP LOSS 51030

SELL COTTON BELOW 19100 TARGETS 19080, 19070, 19060 STOP LOSS 19140


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