NCDEX Weekly Reports

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NCDEX WEEKLY REPORT 19th to 25 May 2012

NCDEX SOYABEAN TIPS :- For this week in Soybean one should go for buy on lower level strategy. If it sustains above the level of 3500 we can see the level of 3550 and on the downside if it sustains below 3340 level we can see Soybean at 3290 level. 

NCDEX CHANA TIPS :- Last week Chana did our target of 4315 above the level of 4288 and even closed above it. Last week initially Chana was in a bullish trend for the first half of the week but later in the week we saw a slight profit booking at higher levels but price is still not
able to sustain at lower levels. For the next week Chana has resistance at 4365 and support at 4180.

NCDEX JEERA TIPS :- Jeera is in a bullish trend and one should use the strategy of buy on lower levels. If in the coming week Jeera sustains above the level of 14070 then we can expect the level of 14250, and if it sustains below 13380 then we can see the level of13100.


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