March 03, 2012

MCX NCDEX Tips Trend

MCX Trend For Today:

MCX Gold (Apr) contract is currently trading in a uptrend at 27988 levels with a gain of 0.23% and is advised to buy. MCX Silver is trading in downtrend with a loss of 1.08% and currently trading at 57701 levels. The metals are also in uptrend except nickel. The crude oil is trading in a downtrend at mcx.

NCDEX Agri Tech Report Support and Resistance levels Mentha.

Mentha oil prices breached contract high and closed above its 10 day and 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. Metha oil is expected to move upside.

Mentha (March) buy between 2090 - 2095, SL - 2065, Target - 2150 / 2170.
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