April 08, 2011

Commodity Guarseed NCDEX Tips and Report For 08 April

The commodity guarseed April Contract in NCDEX Index is settled lower at 2884 on yesterday. The copper at NCDEX made a high of 2940 and a low of 2847 during the day at commodity NCDEX.

The market for guarseed is settled above short and medium term moving averages at NCDEX making indecision in the trend. The market For guarseed is very much in a dilemma of moving averages.

It is expected for commodity guarseed NCDEX to remain indecisive for the day and suggestion for low risk traders is to stay away from the market as market is much indecisive in condition. But as for the high risk it is suggested that traders can go short with strict stop loss for the day.  The NCDEX Tips for guarseed is for selling.
Guar seed NCDEX: Sell April at 2890 TP 2845 SL 2915 
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