Tuesday, August 14, 2012

NCDEX Tips and Agri Commodity Trend For Today: 14th Augest

Agri Commodity Trend

In NCDEX Commodity here are some mixed sentiments were taking place. Chilli, Pepper are looking positive at the moment where Jeera and Cardamom are looking weak. NCDEX Jeera has a weak trend today having a strong resistance at 15736 and a crucial support at 15304. Good opportinuty to buy Jeera on lower levels. In Pepper it is looking in perfest bull trend. It has a strong resistance at 45955 and a support at 45045 in down side. In NCDEX Chana it looking in a consolidate trend for today having a good resistance at 4836 and a support at 4792.

NCDEX Tips For Today

  • Sell NCDEX Chilli Sept between 5700-5720 level, Target: 5630-5550 with a stoploss at 5765
  • Buy NCDEX Pepper Sept above 44200 with a target of 44500-44800, Stoploss at 43980.
  • Buy NCDEX Jeera Sept above 15920 levels with a stoploss at 15790, Target: 16100-16300
  • Buy NCDEX Cardamom Sept above 1215, Stoploss at 1195 with a target level at 1235-1260.