Monday, August 27, 2012

NCDEX TIPS - Weekly Outlook 27 to 31 August 2012

NCDEX Jeera Weekly Outlook :- 


Jeera opened on a negative note last week and remained bearish for most part of the week. But price managed to sustain above the important support level of 15200 in last two trading sessions. We saw a short covering in last two trading sessions of the week at important support level of 15500 . For this week Jeera has important resistance at 16300 and support at 15200. 

Jeera Trading Tips :-


Jeera is in a short term consolidate trend and one should use the strategy of sell on higher levels. If in this week Jeera sustains above the level of 16300 then we can see the level of 16700. For downside if Jeera breaks the level of 15200 we can expect the level of 14800.

NCDEX Chana Tips :- 


For this week in Chana one should go for buy on lower levels strategy, if it sustains above the level of 4850 we can see the level of 4930 and on the downside if it sustains below the level of 4690 we can see Chana at 4610.

Soyabean Weekly Report :- 


For this week in Soybean one should go for buy on lower level strategy, if it sustains above the level of 4090 we can see the level of 4160 and on the downside if it sustains below the level of 3920, we can see Soybean at 3850 level.

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