Wednesday, August 16, 2017

Turmeric futures are expected to trade in negative note for the day

Turmeric futures are expected to trade in negative note for the day. Supplies are increasing slowly at the spot market in anticipation of good demand ahead of festive season.

However, buying activities are not picking up as expected which may weigh down the futures market sentiments. Sowing has improved well in Telangana after good rainfall; however is still weak in other major growing states such as Andhra Pradesh and Tamil Nadu.

Thursday, August 10, 2017

Sugar Agri Commodity Updates Trading

Sugar Futures closed unchanged yesterday on expectation of good physical demand. 

The government is considering allowing imports of 3-5 lt of sugar at a concessional duty of 25%, as it weighs a raft of proposals to boost supplies in the build-up to the festival season, especially in southern states where a deficit is anticipated in September and October.

Stocks Trading Advice 

Wednesday, August 9, 2017

Agri TMC Turmeric Updates

Profit booking limited the uptrend for Turmeric even as overall sentiments remained firm with festive season domestic demand from North India and the exports are expected to rise in coming weeks.

Low sowing reports, falling stocks and pickup in demand are factors that are supporting Turmeric prices. Early arrivals and better prospects for rains were considered beneficial for the crop sowing

Tuesday, August 8, 2017

Cardamom MCX Agri Updates for Today Trading

Cardamom futures are expected to trade in range bound levels for the day. Expectations of increase in supplies after the commencement of second round of picking activities amid good rainfall in Idukki district may weigh down the prices.

However, overall weaker monsoon rainfall in Idukki district and in other major cardamom growing regions that has thinned down the expectations of good crop may support positive trade.

Thursday, October 6, 2016

Agri Commodity Live Updates for today

Agri terms of kharif crop in Maharashtra, heavy rains have damaged. The monsoon season is over, but the state is not taking in the name of stopping rain. 1 released last week by heavy rains in the Marathwada region of the state flood-like situation. Nearly 50 percent of the soybeans and cotton harvest is expected to lose heavily. This time, there was much in the area of , soybean cultivation. Especially Latur, Beed, Nanded and Osmanabad districts more damage. 2,500 crore in the rain is expected to crop damage.

The arrival of new cotton crop arrivals pressure is being witnessed. About 1 per cent of cotton futures prices is broken. The business is also weak spot. The estimated increase in yields continued to decline in turmeric, the turmeric futures prices have come down to Rs 7,000. NCDEX soybean October futures around Rs 3250 with a gain of 0.25 percent is visible.

Wednesday, September 28, 2016

SEBI's clearance for trading in commodity options

The commodity market regulator is the big decisions. Commodity options trading has been approved. Guidelines in this regard may be issued soon. Exchange can apply for options trading. Exchange must first apply to options trading. Must give full details of the contracts. Sebi has said that the full guidelines of options will be released soon.

Experts say it is a big decision that will prove to commodity hedging. According to SMC Global silver, gold, copper, soybeans, refined, cumin approval for trading options is possible. Angel Broking, says that a decision on the options of SEBI is extremely positive.

The NCDEX said Samir Shah, MD, is pleased by the ruling, it will benefit farmers. NCDEX commodity and commodity options trading options trading is set to be launched soon on the final guidelines for commodity options await. Options will benefit farmers in agri commodities. Sebi last 1 year has significantly reform. The correct information is important for investors to trade.

Tuesday, September 6, 2016

MCX Crude Oil Updates and Trading levals

The prices of Crude Oil was sideways in the session ending 5 September 2016. Crude Oil gained 0.17% to end the session at Rs 2980 per barrel. The resistance zone for Crude Oil is strong at Rs 3100 per barrel. The prices of Crude Oil are supported at Rs 2850 and Rs 2800 per barrel. The gains are expected to be limited to Rs 3100 per kg in today's trades. The high for Crude Oil was at Rs 3065 per barrel while low was at Rs 2913 per barrel.

There is a surge in crude oil. For price stability agreement between Russia and Saudi Arabia following reports Brent price went beyond $ 47. MCX crude oil rose 1.3 percent in the domestic market is showing around Rs 3020.

Trading Advice for Intraday 
We recommended Sold MCX Crude Oil September future contract around 3020 to 3010 targets 2990, 2975 stop loss 3039.


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