Showing posts with label silver tips. Show all posts
Showing posts with label silver tips. Show all posts

Monday, 24 June 2013

COMMODITY TIPS FOR INTRADAY TREND : 24 JUNE 2013

CPO June MCX - The trend still looks optimistic as prices are able to live up above 504 levels.

Turmeric July NCDEX - If prices are able to break the 45 day EMA resistance at 5950, could See 6000 followed by 6140 levels.

Chilli Jul NCDEX - Inability to trade above 5750 could enable selloffs to 5550 and
then to 5410 region.

Menthaoil June MCX- If prices are able to withstand above 1025, could continue the
upside moves to 1050/1075 levels.

Kapas Apr 2014 NCDEX- 1092 is the resistance, if crisscross above the same with volume,
expect a rally towards 1097 followed by 1110 levels.

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Commodity market tips Jeera July NCDEX: 24 JUNE 2013

Jeera traded higher from a low of 13517.5 and closed the day at 13705. If prices are able to stay above the technical base of 13600, could see rallies to continue towards 13800 followed by 14000 levels in the immediate run. The leading indicator, daily RSI (14) is showing a potential rally. However, on the lower side, unexpected fall below 13500 could see corrective waves towards 13250 for the day.

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