Friday, 31 July 2015

Most Accurate Mcx and Commodity Tips Provider

MCX Aug Natural Gas was tested a valid tend-line resistance at 185 and turned the direction by forming a “bearish engulfing” candlestick pattern on daily charts. Now the bias turned on downside and is likely to drag the prices further down towards 177 & 174.5 levels. 

MCX Aug Mentha oil; “double bottom” chart pattern is under developing in 4 hourly charts, where as a neck-line level pegged at 952.30 levels. On a convincing close above the will confirms the further uptrend towards 965 & 977 levels, which is an equality target for the chart pattern.

NCDEX Aug Turmeric futures extended the gains on straight third trading session and ended up by 3.78%. A strong bull close on daily charts that the price strengthen further towards 61.8% Fibonacci level of 7300 levels, where as a support lies at 7080 levels.

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