MCX Index is rising since last 2 weeks and on last trading session it closed at 2655.71(+1.67). Support for this week 2640 level. If it goes below to the support then we may see 2600 level again or if MCX Index will stay above to the support then 2672-2688+ levels we may see.
Natural gas will continue drill downward until it hit $1.754-$1.700.
MCX Crude oil is looking overall weak, but it may run up to 2 days and could touch 2250-2290 level this week. But remember, over its down, so I’d recommend selling it on top.
I’m not going to reveal the exact top of crude oil, but yes. Friends, you will see 2100-2000 in between max. 1 or 2 weeks.
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NCDEX CHANA TIPS
No mixed opinions & No confusion
Intraday Targets: 4235-4221
Rape mustard seed lost few rupees on last week trading sessions and from last 2 weeks it price is continuously dropping downward.
Hurdle: 3962
Support: 3984
If it breaks the support then we’ll see hurdle level 3962 and if it doesn’t stop there then 3950 is last hope for buyers. After that big downtrend will being…
But I recommend, short term investors should keep buying until RMSEED break the support … Because support will show you 4016-4038-4046+ levels.
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