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Up Coming NCDEX Market Trading Tips & Updates 19/12/16

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commodities

Guarseed showed bearish movement today and found the support of 3250. If prices sustain below 3250 level in next trading session then this bearish momentum can take prices to 3200 level. If it breaks the resistance level of 3300 then 3350 will act as next support level.

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Jeera showed sideways movement and breached the important resistance level of 17350. Now on higher side 17800 will act as important resistance level above which it will pull towards the resistance level of 18000. On lower side bearish movement can drag it towards the support level of 17150.

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Soyabean showed bearish movement today. Prices tried to drag down towards important support level of 3035. Now if it will break the support level of 3030 then 3000 will act as next support level. On the other hand 3080 will act as a major resistance level.

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