Tuesday, 22 January 2013
NCDEX CHANA TREND:
Overall treading of chana is bearish from medium long term. In NCDEX market chana grow very frequently, in future chana recover from 3510-3530.we have a lot of expectation from chana we thought the production will take a very high position when season will arrive.
For short term chana is showing sell position but sometime it showing some up momentum in chana So immediate position of chana is 3579.it have a good support level 3553.6,3537.2 & resistant level 3598.9 3614.6
EXPERT ADVICE: Traders can buy chana from 3575 with April contract Targets 3583, 3595 SL 3560
MCX CRUDE OIL UPDATES:
These week showing good bound in crude oil its trend supported good volume. The current position of February crude oil trend is 5156.
Positionally support for crude oil is 5125, 5117 & Immediate resistant is 5188, 5196
CRUDE ADVICES BY EXPERT:- Traders who invest in MCX Crude Can Buy with Current Market Price 5158 with Feb Contract Targets 5170, 5185 SL 5128