The MCX and NCDEX markets have become more volatile in the last few weeks moreover that might have some traders rethinking where they should get profits on their trades. The markets will continue to rotate from bullish to bearish and volatile to non-volatile. Do not worry about it because I am here to help you.
Let’s start with small commodity. MCX Lead is moving downward from last one month. If once Lead will cross 120.85 level then buy it with targets: 121.3-121.7-122. Lead once touch and cross 120.3 level then sell it with targets: 119.7-119.4. It is usually best to continue using this strategy for taking profits from market.
NCDEX Turmeric looking very hot! Once open upward then buy buy buy. Targets: 6932-6954-7000
I do not need to write more about NCDEX Pepper because it looking upward. No need to wait and watch, just go and buy it. Targets: 37057-37228-37410 S/L 36671 Remember stoploss is require.
Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.
