It’s Top opportunity for Agri Commodities traders. You must not miss this opportunity!
Volatility has increased since past few years in NCDEX market. However if you have right technique it’s not tough to make money. In the previous months there has been good trend in some of the Agri commodities. This is because there has been an improvement in NCDEX trading volume and that is the reflection of some early confidence among investors.
So are you ready to trade NCDEX based on simple methods like Channeling technique.
Look at the below chart of Castor on which simple technical analysis method is also working very well.
Castor hourly chart:
Look at the chart of Castor and see how accurately it is moving within the channel. Prices have been making lower highs and lower lows and reversing from the channel resistance. Such movement can be used to form trading strategy once the support level breaks. Castor now has short term support near 4445 levels break of which will indicate short term top is again in place.
Below is the performance for October 2017 which will help you to gauge our accuracy in NCDEX:
In case you do not want to spend time in forming your own strategy you can subscribe to our Commodity (MCX or NCDEX) tips. In tips we provide exact level to enter and exit along with stop loss and targets. Subscribe NOW!