MCX AND NCDEX TRENDS FOR 16TH OCT.

MCX TRENDS

GOLD (5 DEC.) TREND: CONSOLIDATE
RES 1: 27450     
RES 2: 27600     
SUPP 1: 27050
SUPP 2: 26900
STRATEGY: BUY ON DIPS

SILVER (5 DEC.) TREND: BEARISH
RES 1: 39100     
RES 2: 39500
SUPP 1: 38200
SUPP 2: 37900
STRATEGY: BUY ON DIPS

CRUDEOIL (20 OCT.) TREND: BEARISH
RES 1: 5170
RES 2: 5200
SUPP 1: 5080
SUPP 2: 5050    
STRATEGY: SELL ON HIGH

COPPER (28 NOV.) TREND: CONSOLIDATE
RES 1: 424.00
RES 2: 427.00
SUPP 1: 419.00
SUPP 2: 416.00
STRATEGY: SELL ON HIGH

AGRI | NCDEX

CASTOR SEED (20 NOV.) TREND: CONSOLIDATE RES1: 4600 RES2: 4505 SUPP1: 4410 SUPP2: 4310 STRATEGY: BUY ON DIPS

TURMERIC (20 NOV.)TREND: CONSOLIDATE RES 1: 6370 RES 2: 6470 SUPP 1: 6165 SUPP 2: 6065 STRATEGY: BUY ON DIPS

CHANA (20 NOV.) TREND: BEARISH RES 1: 2935 RES 2: 3000 SUPP 1: 2855 SUPP 2: 2800 STRATEGY: SELL ON HIGH

SOYBEAN (20 NOV.) TREND: BEARISH RES 1: 2980 RES 2: 3050 SUPP 1: 2930 SUPP 2: 2850 STRATEGY: SELL ON HIGH

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