NCDEX Jeera Boom @ Live updates for today

NCDEX Jeera is trade fully bearish zone, last 1 month Jeera have jump around 2000 rs and Continue hits upper circuit due to high demand in physical market. Jeera prices are trading higher on anticipation of supply shortage and likely rise in demand from domestic and overseas markets. Declining arrivals, strong export demand may support the prices to trade high. However, profit booking at higher levels may limit the uptrend during the day.

Industrial buyers have already sourced sufficient quantity for the domestic requirements but the export demand may pickup due to good demand from China and other countries, as stock levels have been lower. In the next few months, the prices will depend on export demand. Jeera trade ended the day at Rs. 19400 per quin which is approx 2.29% up against its previous close.

For All invetor,s We recommend Buy Jeera futures for bumper profit.

Comex Gold extended the grow Up @ Buy MCX Gold for Long term

Credit Suisse has raised its estimate of crude. Agency for the year increased from $ 43.59 to $ 36.91 average price of WTI crude is made. Other hand Brent average price increased from $ 37.77 to $ 44.53.Also for 2017, the agency has increased the estimate of crude. Yesterday sharp boom, MCX Crude trading down due to last closing. he US Energy Department inventory report today said. Earlier, in the API reported crude stocks had gained about 22 barrels. MCX Crude oil is trading around Rs 3100 slipped 1 percent.

#According to Source you can Buy Crude around 3100 targets 3175, 3275 Stop loss 2999.

MCX Gold Fall Due to Decrease demand at Higher Prices @ Buy Gold MCX

The 2-year upper level has waned after touching a golden glow. Decline in demand at higher prices, which many jewelers are offering. The domestic gold discount of Rs 1,000 per 10 gram running. During the last 6 months, gold imports have fallen about 50 per cent. From January to June this year, is expected to barely 212 tonnes of gold imports.

The last 6 months has fallen about 50 per cent of gold imports. From January to June this year, is expected to barely 212 tonnes of gold imports.

In terms of the domestic market by 1 percent, Gold is showing around Rs 31,400 with osteoporosis.

According to Source you can Buy MCX Gold form Lower levels and Put target around 31700 , you can hold it end of week.

Jeera NCDEX Commodity Down Fall By profit Booking

Jeera futures traded within a range during previous trading session by taking mixed cues from spots market. Jeera futures continue to close lower for the last three days of the last week mostly because of profit booking. However, spot prices were up by 1.53% for the week. The arrivals may slow down as monsoon hit most parts of Gujarat. Rise in arrivals at spot market due to the current higher rate pulled the market down.

Jeera futures prices are likely to extend trade on a range bound. Strong export demand may support the prices to trade high. On the other hand, rise in arrivals due to the higher price at spot market may limit the gains. Jeera trade ended the day at Rs. 17840 per quin which is approx 0.08% up against its previous close. We recommend sell Jeera futures during today’s trading session.