Monday, February 23, 2015

Mentha Oil Up at Noon

Mentha Oil futures rose within the domestic market on weekday as investors and speculators set-aside contemporary positions within the agri-commodity amid a pickup in physical demand for Mentha oil within the domestic commodities market.

Pick-up in demand for Mentha oil from major intense industries and reduced provides of the agri-commodity from the most important manufacturing regions boosted sentiment.

At the MCX, Mentha Oil futures for February 2015 contract closed at Rs 754.40 per 1 kg, up by 0.48 percent,instead of previous closing price of Rs 750.80 and after opening at Rs 754. It touched the intra-day high of Rs 758 till the closing.

Natural gas : buy above – 187.4 , target – 189.5 , Stoploss– 185.4
Mcx copper : buy above – 358.3 , target – 359.12 , Stoploss– 357.5
Mcx cotton : sell below – 14930 , target – 14700 , Stoploss-15180

Monday, February 16, 2015

Strong crude oil, Brent crude close to 62$


International crude oil prices have reached at a record levels. Brent crude close to $62 and $53, Naimax Crude prices have gone beyond. US crude oil reserves to prop up the price of crude oil is being reported. International markets are seeing strength in gold. 0.5 percent are looking Comax gold and the price seems to be up to $1230. The 0.30 percent growth Comax silver is trading around $18.


MCX Investments:
MCX Crude oil (Feb futures): Buy-3130, Stoploss-3080 and targets-3210
Natural Gas MCX(February futures): Buy-178, Stoploss-173 and Target-186
NCDEX Investments:
NCDEX Jeera (March futures) : Buy-14,000 to 14,020, Stoploss-13870 and the target- 14400/14450
NCDEX soy oil ( April futures ) : Buy-598-599, Stoploss-592 and target-610/620

Friday, February 6, 2015

What to do in Sugar, Guar?


Sugar declined today also, NCDEX March sugar futures traded down 0.25 percent to Rs 2670 is with weakness. NCDEX May futures price over the march of Chinese is down about 100 bucks. The sugar production has increased about 15 percent. Till January 31, about 135 million tonnes of sugar produced in the country, while last year production was 117 million tons.

Sugar NCDEX(March futures): Sell-2690, Stoploss-2735 and Targets-2630

Guar gum futures prices have slipped below 10,000. Today, about 2.5 percent guar gum sharp decline. The massive decline in exports of Guar. According to traders, this season has been reduced to 50 percent export guar gum.

Cardamom prices rose by 0.81 per cent on Friday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand.

Thursday, January 29, 2015

Oil Prices rise in early noon trades


Crude oil edged high on Thursday, It was trading upto 0.87 percent with 25 points at 2748rs. It touched a intraday high of 2760 and low of 2740 and closes at 2772rs with Pivot points 2792. 
BUY CRUDEOIL Below 2740.00 T1- 2800.00 with SL- 2700.00
Trades on your own:
When to sell Crude Oil? Watch out for S1, if it touches the target and the market recovers by 15-20 points thereafter, our analysts suggest investors should sell crude oil, with the stop loss of S1 + 40 points. The targets in this case would be S2 and S3, where S4 will become the strong support.

● When to buy Crude Oil? Watch out for R1, if it touches the target and the market goes down by 15-20 points thereafter, our analysts suggest investors should buy crude oil, with the stop loss of R1 - 40 points. The targets in this case would be R2 and R3, where R4 will become the strong resistance.

At the National Commodity and Derivatives Exchange: Barley for delivery in May advanced by Rs 10, or 0.81 per cent, to Rs 1,247.50 per quintal with an open interest of 980 lots. Marketman also said that covering up short positions by speculators at prevailing lower levels and mainly influenced Barley Prices at future trade here.

Friday, January 23, 2015

Indian Commodity Market Tips


Celebrating India's 66th REPUBLIC DAY, on this beutiful occassion Indian commodity makets momentum is strong enough and fast enough to trade the markets are showing. Indian markets for the last six trading sessions and are quite likely the best that the market will open today strongly.

MCX gold and silver are traded flat. Gold around Rs 28,000 to Rs 40,000, while silver is looking around. NCDEX February soybean futures trading around Rs 3335 is 0.7 percent. April futures of the cotton is trading at 0.25 per cent to Rs 735 stronger.

At the Multi Commodity Exchange, gold for delivery in far-month April contracts eased by Rs 56 to Rs 28,109 per 10 gram in business turnover of 21 lots.




MCX NCDEX INVESTMENT ADVICE:
COPPER MCX(FEB CONTRACT) : BUY-350, STOPLOSS- 354 AND TARGET- 342
ZINC MCX(JAN CONTRACT) : BUY-130.8, STOPLOSS- 132 AND TARGET-128.5
CRUDE OIL MCX(FEB CONTRACT) : BUY-2980, STOPLOSS- 132 AND TARGET-2850
MUSTARD NCDEX (APRL CONTRACT) : BUY-3410, STOPLOSS- 3430 AND TARGET-3370
SOYA OIL NCDEX: BUY-626, STOPLOSS-628.5 AND TARGET-622

Monday, January 19, 2015

Commodity Market: Gold Cross 27700 in futures trade


Gold Prices are likely to trade in a positve side. Gold prices in the international market for the past 4 months after mild pressure on the upper level. Despite stronger rupee in the domestic market in gold is bullish. Taking positive clues from the global market, Gold prices rose by the Rs. 101 to 27718 per 10 grams in future trade with above 64 points or a percent of 0.23 change. It touched a high of 27700 and a low of 27630 in trade today. 
 
At the multi cmmodity Exchange, Gold for delivery in far month April contracts was up by Rs. 101 or percent of 0.23 to Rs 27,700 per 10 grams in a business turnover of 86 lots.

In the National Capital, Copper mixed scraped added to rs. 3 to 400 per kg. Zinc in got Rs. 129.7, Lead got 114.6, Alunminium in got at rs. 112.6. Nickel got rs.903.2 opens with 905 touched a high of 908.6 and a low of 898.6. Also MCX Gold April contract was trading at Rs. 27570 down Rs. 37 or a percent of 0.13 change.

SELL GOLD At 27718.00 with STOPLOSS- 27718.00, Market alot-10

SELL SILVER At 39137.00 with STOPLOSS- 39128.00, Market alot-1

MCX NCDEX Investment Advice:
 
Castorseed NCDEX(February Contract)- SELL 4440, STOPLOSS- 4550 and TARGET-4250.

Crude oil MCX(FEB. Contract)-BUY 3030, STOPLOSS- 2990 and TARGET- 3100

Wednesday, January 14, 2015

How can you make strategy in Commodity market?


MCX crude oil remain flat in 2830 in the domestic market is trading below Rs. The 1.75 percent to Rs 185 Natural gas seems odd. Slowdown in the domestic market there is gold and silver. There is weakness in the base metals on MCX. Base metals fall dominates. MCX Copper fell 0.5 per cent to Rs 375 with osteoporosis. 0.25 percent aluminum, nickel declined by 0.7 percent and 0.25 percent lead.

Zinc is extremely sluggish move, Aluminium is trading close to 1.3 percent to Rs 108. 5 percent of the breaking, Copper is trading around Rs 345. Nickel is seeing a decline of 2 percent. Almost 2 percent to lead the business is around Rs 110. Zinc is also weak and close to 2 percent to Rs 125 per showing. 

Agri commodities at NCDEX turmeric April futures trading around Rs 9170 is 0.4 percent. April futures fell nearly 1 percent of the mustard looks down to Rs 3515. 
Investments Advice:
MCX:
Gold Mini MCX (Feb futures):Buy-26800, Stoploss-26600 and the target-27300
MCX Zinc (January futures ) : Buy - 131, stoploss-130 Target-134
NCDEX:
NCDEX Turmeric (April futures ): Buy - 9100, Stoploss - 8800 and Target-9450
NCDEX Mustard (April futures ): Sell - 3570, Stoploss - 3630 and Targets-3500
 

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