Points To Remember when using Pivot levels
In any NCDEX Commodity opens above Pivot go for Buy with Target of one(or) two point below First Resistance(R1) level &keeping Stoploss of first support (S1).Mostly, First level(S1/R1) of Weekly pivot levels can be achieved.
In Weekly Pivot levels are useful when NCDEX market trading in New Range/Levels.Weekly Pivot levels more likely to useful for Trend Reversal/Breakout points.When NCDEX Market in trading downwards,weekly Pivot levels may give prediciton of Market s downside point/Support/Trend reversal point.
Commodity
|
S3
|
S2
|
S1
|
PP
|
R1
|
R2
|
R3
|
Barley
|
1210
|
1251
|
1318
|
1360
|
1427
|
1469
|
1536
|
Castorseed
|
3397
|
3523.6
|
3601.3
|
3727.6
|
3805.3
|
3931.5
|
4009.3
|
Chana
|
3806
|
3878
|
3982.3
|
4054.6
|
4158.3
|
4230.6
|
4334.3
|
Redchilli
|
5813
|
6004.6
|
6307.3
|
6498.36
|
6801.3
|
6992.6
|
7295
|
Cocud
|
1243
|
1286
|
1326
|
1369
|
1409
|
1452
|
1492
|
Coriander
|
4983
|
5148
|
5407
|
5569
|
5828
|
5990
|
6249
|
Gur
|
1044
|
1060.3
|
1070.1
|
1086.3
|
1096.1
|
1112.3
|
1122.1
|
Jeera
|
13686
|
14013
|
14191
|
14518
|
14696.6
|
15023
|
1122.1
|
Maize
|
1219
|
1264
|
1293
|
1338
|
1367
|
1412.6
|
1441.3
|
Pepper
|
32758
|
33586
|
34789
|
35611
|
36808
|
37636
|
38833
|
RM
Seed
|
3947
|
4033
|
4117
|
4203
|
4287
|
4347
|
4467
|
Soyabean
|
2995
|
3038.5
|
3082.5
|
3126
|
3170
|
3213.5
|
3257.5
|
Soyaoil
|
681.7
|
691.3
|
710.3
|
720.2
|
738.5
|
748.6
|
766.9
|
Sugar
|
3164
|
3203
|
3222
|
3260
|
3280
|
3318
|
3338
|
Turmeric
|
5850
|
6160
|
6330
|
6640
|
6810
|
7120
|
7290
|
Wheat
|
1443
|
1477
|
1505
|
1539
|
1567
|
1601
|
1629
|
PP --- Pivot Point
Related Links:
- MCX live Rate
- MCX & NCDEX Trading with Pivot Levels
- MCX Trading Holidays 2013
- MCX & NCDEX Live Charts
- Intraday MCX &NCDEX Calculator
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