Wednesday, 11 April 2012

NCDEX Trading Strategy, Agri Commodity Tips 11 April 2012

NCDEX, NCDEX Agri, NCDEX Live Tips, NCDEX Future Tips, Castor seed Update, Jeera, Chana, Wheat, Potato, NCDEX Pepper Tips, Free NCDEX Tips Today, Intraday Tips Tomorrow

NCDEX Castor seed has introduced low trend with down business in previous. Today it has started decline with one percent in April, May and June futures. But current view of it is just opposite during the previous because now it is trading more than half percent at Rs 3535.
NCDEX Castor is bullish trend with buy position.
Support and Resistance:- S1- 3471, S2- 3407 and R1- 3537,R2- 3600
NCDEX Chana and whet are going down at same percent. Chana is trading down 0.08 percent at Rs 3678, while wheat also is trading down 0.08 percent.
Potato on NCDEX is trading down near to 2 percent in May and future contracts and jeera with futures also slipped half percent at Rs 11710.
NCDEX Pepper Trading Tips and its Strategy
In domestic market NCDEX Pepper has started positive at Rs 39180 in previous, while it was closed consolidate at Rs 39100 on Tuesday. Now it is trading fully down 1.16 percent and Rs 38645.
Strategy: - Current it has show hold position.
Support and Resistance- S1- 38395, S2- 37201 and R1- 39591, R2- 40785.

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