Friday, January 27, 2012

MCX NCDEX Kapas, Chana Tips: Outlook and Reports

Kapas
On Wednesday, Kapas closed at 921.38, traders are advised to Buy Kapas (Mar) for long-term with stop loss placed at 772.45 and can also buy for short-term with stop loss placed at 809.42.
Kapas March, '12:-
Resistance2- 951.04, Resistance1- 938.82, Pivote Point 928.11
Support1- 903.94, Support2- 891.72.

Kapas April, '12:-
Resistance2- 972.05, Resistance1- 957.76, Pivote Point 943.6
Support1- 917.0, Support2- 902.71.

Chana
On Wednesday, Chana (Feb) closed at 3229. For Today, traders are advised to buy Chana (Feb) contract for long-term with stop loss placed at 3007.60 and can also sell for short-term with stop loss placed at 3307.12.

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Base Metals
MCX Energy
Bullion - MCX
Agri Tips