March 31, 2011

Commodity Weekly Overview For Jeera (MCX)

Commodity Market  Overview For Jeera:
Last week Jeera did our target of 15600 below the level of 15900 but did not sustained at lower level. Last week initially, Jeera was bearish but it showed good recovery in the later part of the week. For the next week Jeera has resistance at16250 and support at 15450.

Script           Levels
 R3               17430
 R2               16640
 R1               16260
 PP               15850
 S1               15470
 S2               15070
 S3               14280

Jeera is in a consolidation phase and one should use the strategy of sell on higher levels. If in the coming week Jeera sustains below the level of 15450 then we can expect the level of 15100, and if it sustains above 16250 then we can see the level of 16550.
For more Commodity Related overview.

Related Posts Plugin for WordPress, Blogger...
Get excellent Free Tips through SMS of 89.55% accuracy on MCX Gold Tips | Silver Tips for Today| Tips on Buying Silver| MCX Silver Tips for Today| Gold tips and Silver Tips| Copper Updates| MCX Online Tips| Gold Live Price for India | Precious metals |Commodity live Tips | Commodity Prices| MCX NCDEX Tips| Live MCX Tips

Google Translator


This commodity blog is solely intended to give commodity recommendation over commodities, MCX Live Tips, Bullion Tips, Gold Tips, Silver Tips and we are not responsible for any loss. All readers must accept responsibility on their own for using commodities tips.