NCDEX Tips, Trading Levels Today, NCDEX Today, Commodity Tips today, Trading Strategy for Today

NCDEX Chana Trend
Although Chana april contract is trading on slightly higher levels throughout the previous week. Prices have crucial Support at 3480 and further dip can be seen only if prices breakdown below this support. Until then the current consolidation will result into an upside breakout towards 3600/3650 area. Major support is placed at 3400 levels.

NCDEX Jeera Trend
In Jeera We reiterate our negative view until prices stay below 15550 levels. Prices can correct a bit further towards 13750-13600 area but a diptowards this area is also likely to result into a strong bounce back towards 14600 levels.

NCDEX Tips for Today

• Sell Jeera Mar below 14850 levels to get the target of 14950 and 13900 with a stoploss at 15380. 
• Buy Soya bean Apr above 3380 level for the target range of 3400-3500 and a stoploss at 3350