Sunday, 24 March 2013

NCDEX Agri Commodities Weekly Pivot Supports and Resistances for Mar''25-30''2013



Commodity
S3
S2
S1
PP
R1
R2
R3
Barley
1280.33
1308.17
1341.33
1369.17
1402.33
1430.17
1463.33
Castorseed
3353.67
3427.33
3527.67
3601.33
3701.67
3775.33
3875.67
Chana
3292.00
3336.00
3362.00
3406.00
3432.00
3476.00
3502.00
Redchilli
6073.33
6272.67
6489.33
6688.67
6905.33
7104.67
7321.33
Cocud
1392.00
1422.00
1445.00
1475.00
1498.00
1528.00
1551.00
Coriander
6298.33
6479.67
6594.33
6775.67
6890.33
7071.67
7186.33
Gur
971.50
1045.50
1179.50
1253.50
1387.50
1461.50
1595.50
Jeera
12434.67
12657.33
12854.67
13077.33
13274.67
13497.33
13694.67
Maize
1258.33
1274.67
1305.33
1321.67
1352.33
1368.67
1399.33
Pepper
31770
33465
34730
36425
37690
39385.00
40650
RM Seed
3319.33
3360.67
3411.33
3452.67
3503.33
3544.67
3595.33
Soyabean
3384.67
3446.33
3541.67
3603.33
3698.67
3760.33
3855.67
Soyaoil
659.07
665.68
676.67
683.28
694.27
700.88
711.87
Sugar
2844.33
2889.67
2914.33
2959.67
2984.33
3029.67
3054.33
Turmeric
6100.67
6311.33
6462.67
6673.33
6824.67
7035.33
7186.67
Wheat
1268.67
1347.33
1387.67
1466.33
1506.67
1585.33
1625.67



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.

For Further Refer MCX Trading with Pivot Levels


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