Support & Resistance Levels of MCX Commodity Market

GOLD STEADY ON PERSISTENT EURO ZONE FEAR.
CRUDE OIL CLIMBS IN NEW YORK AS U.S. FUEL SUPPLY DROP SIGNALS INCREASED DEMAND.
COPPER GAINS AS STOCKPILES DECLINE ON CHINA BUYING.
INDIAN PEPPER TRADED UP; INDAIN TURMERIC AND JEERA TRADE DOWN.

MCX GOLD (OCT)
TREND: Bullish     
R2: 26900
R1: 26650
S1: 26130
S2: 25850
STRATEGY: Buy on dips

MCX COPPER (AUG)
TREND: Bearish
R2: 415
R1: 409
S1: 398
S2: 392
STRATEGY: Sell on Higher levels

MCX CRUDE OIL (AUG)
TREND: Bearish
R2: 4080 
R1: 4035
S1: 3910
S2: 3850
STRATEGY: Sell on Higher levels

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Today Support & Resistance levels of MCX Commodity Market

GOLD STEADIES NEAR LIFETIME HIGH, ECON WORRIES LINGER.
CRUDE OIL RISES FROM 10-MONTH LOW ON FED STATEMENT.
COPPER RISE ON STRONG CHINESE COPPER IMPORTS.
INDIAN SPICES COMPLEX TRADE UP.

MCX GOLD (OCT)
TREND: Bullish     
R2: 26670
R1: 26470
S1: 26030
S2: 25870
STRATEGY: Buy on dips

MCX ZINC (AUG)
TREND: Bearish
R2: 101.50
R1: 97.90
S1: 93.50
S2: 91.70
STRATEGY: Sell on Higher levels

MCX NATURAL GAS (AUG)
TREND: Bearish
R2: 191 
R1: 187
S1: 174
S2: 168
STRATEGY: Sell on Higher levels

Support & Resistance levels of MCX Silver, MCX Aluminium, Lead, Nickel, Copper, Crude Oil, Natural Gas

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Free Support & Resistance levels of MCX Commodity Market Today

GOLD AT RECORD $1,778; BIGGEST 3-DAY RALLY SINCE 2008.
CRUDE OIL DROPS BELOW $80 FOR FIRST TIME SINCE OCTOBER IN EXTENDED DECLINE.
COPPER ERASES EARLY FALL AFTER CHINA DATA.
DOMESTIC OIL AND OILSEED TRADE BEARISH.

MCX GOLD (OCT)
TREND: Bullish      
R2: 26400
R1: 26100
S1: 25550
S2: 25250
STRATEGY: Buy on dips

MCX COPPER (AUG)
TREND: Bearish
R2: 408
R1: 402
S1: 394
S2: 389
STRATEGY: Sell on Higher levels

MCX CRUDE OIL (AUG)
TREND: Bearish
R2: 3800  
R1: 3730
S1: 3600
S2: 3540
STRATEGY: Sell on Higher levels

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NCDEX Agri Commodity Market Updates Today

Pepper futures have plunged further on the NCDEX, as demand fell moderately at the higher levels. Weak trend in the International markets too kept the sentiments weak as traders waited for the demand to pick up this week for some recovery. Guar seed futures have extended their fall on Tuesday as the turmoil in the US markets has raised concern about the export demand getting affected for Guargum. Traders are expecting some more corrections in the short term before the exports to pick up at the lower levels.

Turmeric futures may trade with bearish sentiments. 

Pepper futures may trade sideways. 

Cardamom futures may remain volatile. 

Chana futures may remain sideways. 

Guar futures may remain downside due to selling pressure from higher levels.

FREE NCDEX commodity trading tips on mobile by SMS, ncdex agri commodity trading tips, ncdex agri commodity market report & news

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Support & Resistance levels of MCX Commodity Market Today

GOLD TOPS $1,700 FOR FIRST TIME ON U.S. RATING.
CRUDE TUMBLES TO ALMOST EIGHT-MONTH LOW AFTER S&P DOWNGRADES U.S. RATING.
COPPER FALLS, CAPS BIGGEST WEEKLY DROP SINCE JUNE 2010 ON GROWTH CONCERNS.
INDIAN SPICES COMPLEX TRADE LOW.

MCX GOLD (OCT)
TREND: Bullish       
R2: 25950
R1: 25700
S1: 24990
S2: 24650
STRATEGY: Buy on dips

MCX COPPER (AUG)
TREND: Bearish
R2: 409
R1: 403
S1: 389
S2: 384
STRATEGY: Sell on Higher levels

MCX CRUDE OIL (AUG)
TREND: Bearish
R2: 3890   
R1: 3820
S1: 3730
S2: 3680
STRATEGY: Sell on Higher levels

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