Commodity Ncdex Tips & News 5th Dec 2016




Guarseed showed bearish movement today. Prices closed around the important support of 3330. If prices hold above 3400 level in next trading session then this bullish momentum can take prices to 3450 level. If it breaks the support level of 3330 then 3275 will act as next support level.


Jeera showed bearish movement and breached the important support level of 18300. Now on higher side 18900 will act as important resistance level above which it will pull towards the resistance level of 19200. On lower side bearish movement can drag it towards the support level of 18300.


Soyabean showed sideways movement today. Prices tried to pull towards important resistance level of 3130. Now if it will break the support level of 3095 then 3050 will act as next support level. On the other hand 3140 will act as a major resistance level.

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