NCDEX Future Index Next Move?
Support Level: 2998
NCDEX Future Index very close to support level. If you like to trade in agri commodities then you must watch this level. Once it will break this level then we could see high selling pressures on major agri commodities.
Soyabean may come down up to 3050 but remember it should not close below this level otherwise we may see big downtrend (upto 2950 level). Overall it’s in uptrend.
Targets: 3150 – 3200- 3250+
GUAR SEED IN DOWNTREND LOADING…
Do you like to trade in NCDEX Commodities? You must watch Guar Seed. If we see closing below 3630 level then the guar seed will drop nonstop up to 3560 – 3500 – 3450 levels…
Keep note, closing is important here.
GUAR GUM – BEARISH DAY
If we see guar gum closing above 7800 level then leave it but… if you see below to this level then sell without any worry.
Targets: 7700 – 7600 – 7550
WILL CORIANDER HIT SECOND TARGET?
Do you remember, what I had said about Coriander on previous Monday newsletter?
Click Here & Read it…
I had written, “Coriander running around the bottom. If it breaks 4490 level, then we may see 4400 – 4350 levels soon.”
Its first target (4400 level) touched in last trading session. Do you think we can see second target level on this week?
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