Tuesday, August 23, 2011

Free Mcx NCDEX TIps


Comeks decline in both gold and silver is looking at. That's 0.33 per cent to $ 6.2 Comeks gold at the moment for $ 1853.10 per ounce level fall has arrived. The silver light down on Comeks 42.15 dollars per ounce is trading at.

Crude oil has gone up strongly today. American reserves of crude oil prices to the low estimate has been strengthened.

On MCX, crude oil, crude has jumped nearly 2 per cent. Naimaks the crude oil is 86 dollars a barrel level. However, experts believe a rise in crude oil is not sustainable.

Gold has come down from record levels. Gold on MCX is trading below Rs 28,000. Comaks 1,880 dollars per ounce on the gold price remains.

Gold today has managed to reach the very top. On MCX, gold prices have risen to record levels of 28 284. Comaks also remains at record levels of gold at $ 1931.
Crude oil is also being traded on edge today. On MCX, crude oil gained nearly 2 percent, is trading at Rs 3897. Naimaks 85 dollars per barrel on crude oil has been exceeded.
Investors' comments -
Gold: -27 800 -28 000 stoploss Buy, Target -28 400
Silver: Buy at current levels, stoploss -64 800, -67 000 goals
Crude oil (September futures): -3 840 -3 770 stoploss Buy, Target -3 950
Copper: Buy at current levels, stoploss -397, -406-408 goal
Gwarseed: -4490 -4460-4470 stoploss Buy, Target -4 400

Thursday, July 21, 2011

Mcx Tips India


Spot gold, silver traded higher in major Mumbai, Ahmedabad and New Delhi Thursday as some buying emerged after yesterday’s decline. Traders remained dormant amid lack of clear cues. 

In Mumbai, 995- standard gold traded at Rs 23,331 and 999- pure traded at Rs 23,432. In Delhi, 995 quoted at Rs 23,300 and 999 at Rs 23,420 and in Ahmedabad 995 traded at Rs 23,306 and 999 at Rs 23,382. (Prices in per 10 gm)

Silver in Mumbai traded at Rs 59,792, in Delhi at Rs 58,000 and in Ahmedabad at Rs 58,430. (Prices in per kg).
Crude oil continues to trend up. However Naimaks selling pressure on crude oil remains above $ 98. The Brent crude also has come under $ 118.

Base metals are traded on the decline today. On MCX, Copper, including base metals have declined by half a per cent. Zinc is the most has declined. The gold - silver is even today continues to be strong.

Guar has picked up strongly today. Rs 13,500 over August futures on NCDEX guar gum has a new record. The guar seed business in 4300 is over Rs.

Government by 10 million tonnes of non-basmati rice exports have started the application process. The MEP has been fixed at $ 400 a tonne export. Government announces export allocations by July 27. According to notification issued by the DGFT on the basis of first come first served will apply only until Friday as an exporter.

Crude oil is ready to break the $ 100 level. Naimeks sense of the crude oil is approaching $ 100. Greece and the bailout package expected to decline in the dollar got support from crude oil.

Thursday, July 14, 2011

Mcxcommodity Tips Free Trial


Gold surged to hit an all-time high record of Rs 22,028/10 gm (August delivery) during the second half of trading on Multi Commodity Exchange (MCX) Thursday. The winning streak continued in overseas gold as it made fresh high at USD 1,594.55/ oz on safe- haven buying persistent fears over euro zone sovereign debt and the US economy, including renewed speculation the Federal Reserve may be keeping the door open for a third round of quantitative easing.

MCX silver futures shot up to 3.2 per cent during the intra-day on bolstered by global rally in bullion.
MCX gold, most active August contract traded at Rs 23,039/10 gm, up Rs 116 and fluctuated between Rs 23,082- 22,886/10gm. Volume was 48,408 lots. 

Gold mini, most active August contract traded at Rs 22,814/10 gm, up Rs 118 and fluctuated between Rs 22,866- 22,681/10gm. Volume was 45,102 lots.

Most active silver September contract advanced Rs 1,423 at Rs 58,210/kg and so far made intra-day high and low of Rs 58,632- 56,573/kg so far. Volume so far was 93,548 lots.

MCX silver mini most active August contract soared up Rs 1,426 at Rs 58,220/kg and traded between Rs 58,600- 56,550/kg. Volume recorded 159,243 lots.
MCX crude oil July contract traded at Rs 4,329 [+9.00] a barrel. Far month August and September contracts traded at Rs 4,372 [+7.00] and at Rs 4,419 [+9.00] a barrel respectively. 

August crude oil at New York Mercantile Exchange (NYMEX) traded at USD 98.00/barrel, down 0.05.
MCX crude oil July contract traded at Rs 4,344 [-39.00] a barrel. Far month August and September contracts traded at Rs 4,387 [-37.00] and at Rs 4,432 [-36.00] a barrel respectively. 

Crude oil futures traded bearish during the early hours of trading on Multi Commodity Exchange (MCX) Thursday tracking bearish Nymex crude futures that dropped for the fourth consecutive day though recovery was seen. Global prices rebounded late Wednesday on data showing a steep drop in US oil inventories last week.  

Gold prices have reached new records. MCX gold at Rs 23,000 per 10 grams yesterday, has gone beyond the level. Comaks to $ 1594 per ounce on the gold price rose to record heights. But later in the 1594 level of $ Comaks Comeks some profit on the business closure, and gold closed at 1590 levels.

Experts advise investors

Gold (August Futures): Buy - 23000, stoploss 22950 - and target - 23 110

Copper (August Futures): Sell - 435, stoploss - 438 targets - 429

Thursday, June 23, 2011

Mcx Tips Free


Spot gold remained quite in major markets of Mumbai, Ahmedabad and New Delhi Thursday on the back of dull buying. Silver continued to trade down on lack of demand and weakening global sentiment. 

Silver in Mumbai traded at Rs 55,106, in Delhi at Rs 54,700 and in Ahmedabad at Rs 54,390. (Prices in per kg).

Of profit selling in the crude oil is seeing. 1 per cent fall in international market, crude oil is trading with.

Naimaks slipped 1.28 per cent at present, crude oil is trading at 94.17 dollars a barrel. While yesterday's trading, crude oil with 1.32 per cent at 95.41 dollars a barrel was closed.

Federal Reserve decision on interest rates to changes in crude oil had good support. It also happened in the U.S. crude oil stocks had moved up.

U.S. economy grew due to concerns about weakness in gold and silver is seen. Comaks the gold and silver are traded on the decline.

August gold futures on the sense of Comaks Ludhkkr half per cent to $ 1546.3 per ounce is trading at. To $ 1553.4 per ounce of gold at the last level Comaks was closed.

July silver futures on Comaks around 1 per cent of the price of $ 36.45 per ounce level is Ludhkkr. In yesterday's trading at $ 36.74 per ounce of silver at 1 per cent was closed.

Today's sharp decline in copper prices, copper on the LME, with nearly 1 per cent has come down to $ 9000 per tonne. The Shanghai
Metal Exchange are trading at in the fall. Demand in the U.S. and Europe due to projected decreases in copper prices remained under pressure.

Decline in crude oil today. MCX crude oil prices are Fislen 1 per cent. Crude oil in international market because of weak business has been turned on. Naimaks 1.5 per cent on the crude oil is broken.

Tips provided to investors –
Crude oil: Sell -4300-4320, stoploss -4380, -4180 Target
Gold: Sell -22 800, -22 850 stoploss, target -22 650
Silver: Sell -54 900, -54 800 stoploss, target -53 000

Tuesday, June 14, 2011

Copper Updates

Copper June futures quoted at Rs 405.00 per kg, up Rs 3.95. It traded in the range of Rs 405.50- 401.50 per kg. Total volume so far recorded 59,590 lots.

Copper has been witnessed in the shop today. On MCX Copper sluggish in early trading after the business is on the edge of 1 per cent. Analysts said the rise in LME copper is to get the support. Actually LME copper stocks on the decrease, and 1-year records of nearly 10,000 tonnes of copper has dropped.
Base Metals sluggish since the beginning has been witnessed in the Light shopping. MCX Copper and nickel on nearly half percent is traded on the edge.
Yesterday copper updates as traded with the positive node and settled 2.35% up at 410.7 after China announced CPI was up 5.5% in May, which was in line with market expectations. SHFE copper pushed up to RMB 67,610/mt due to position closings by the shorts, but failed to stabilize, with prices falling to below the daily moving averages.
However, China’s CPI data released on Tuesday was in line with market expectations, causing copper prices updates to rebound slightly.  London copper fell on a stronger dollar and arbitrage trading but held on to most of its gains from the previous session in which it had shot up nearly 3 percent, driven by data from United States.
In yesterday's trading session copper updates and touched the low of 401.5 after opening at 401.5, and finally settled at 410.7. For today's session market is looking to take support at 404.5, a break below could see a test of 398.2 and where as resistance is now likely to be seen at 414, a move above could see prices testing 417.2.
Trading Ideas:
Copper trading updates range is 398.2-417.2.
Copper rebounded lows after release of better-than-expected China industrial production data
Copper is taking resistance at 414 and support is seen at 404.50.
Copper daily stocks at Shanghai exchange remained unchanged.

Thursday, June 2, 2011

Gold Updates

GOLD : (June) Today : As mentioned in this column that 22500 is a stiff resistance and fresh up move only above that level...but big sell off were saw resulted over all downward bias and made a low 21891. Now today resistance 22350 watch out and resistance.......?....................reversal to sell side.

Gold updates eased but held in sight of four-week highs on Thursday settled down by -0.8% at 22571 but outlook remained positive as supported by concern about the outlook for U.S. growth and the European debt crisis. Data this week has painted a picture of a U.S. economy that may be running out of steam as companies hired fewer workers than expected, factory activity hit a near-two year low, auto sales slowed and pricier gasoline ate into retailers' sales.

Now technically market is trading in the range as RSI for 18days is currently indicating 55.78, where as 50DMA is at 22255.98 and gold is trading above the same and getting support at 22418 and below could see a test of 22264 level, And resistance is now likely to be seen at 22729, a move above could see prices testing 22886.

Trading ideas for gold updates :
Gold trading range is 22264-22886.
Gold ended moderately lower in see-saw trade, falling more than 1 percent in a profit-taking spree
Gold looks to take support at 22418 and resistance at 22729.
In spot gold looks to get support at 1522$ and resistance at 1540$ level

Wednesday, May 25, 2011

Free Mcx Commodity Tips


Natural Gas yesterday we have seen that market has moved 0.8% amid indications of increased demand after forecasts showed warmer-than-normal weather in key regions in the U.S. next week.  

The Commodity Weather Group said that temperatures in the U.S. East and Midwest are expected to be warmer-than-normal through June 8. The report was expected to show that U.S. natural gas inventories increased by 93 billion cubic feet, after adding 92 billion cubic feet in the preceding week. 

Supplies climbed by 100 billion cubic feet in the same week a year earlier. The five-year average change for the week is an increase of 95 billion cubic feet. Market has opened at 199 & made a low of 198.9 versus the day high of 202.5. 

The total volume for the day was at 10404 lots and the open interest was at 3437.Now support for the Natural Gas is seen at 199.1 and below could see a test of 197.2. Resistance is now likely to be seen at 202.7, a move above could see prices testing 204.4.

Trading Ideas:
Natural Gas trading range is 197.2-204.4.
Natural Gas rose amid indication of increased demand after forecasts showed warmer-than-normal weather
Natural gas looks to test support at 199.10 and resistance is seen at 202.70.
Today natural gas storage: EXP: 93B PREV: 92B

Aluminium yesterday traded with the positive node and settled 1.66% up at 114.75 as rising crude oil prices helped push up aluminum prices to a high of 115.45, but high inventories caused LME aluminum prices to trim some gains. LME aluminum prices are expected to struggle at the 10-day moving average, with prices expected between USD 2,520-2,565/mt.  

Market sentiment will remain sluggish in view of rising cash flow pressures faced by downstream processors and weakening demand at the month-end. In yesterday's trading session aluminium has touched the low of 112.95 after opening at 113.35, and finally settled at 114.75. 

For today's session market is looking to take support at 113.3, a break below could see a test of 111.9 and where as resistance is now likely to be seen at 115.8, a move above could see prices testing 116.9.

Trading Ideas:
Aluminium trading range is 111.9-116.9.
Aluminium settled 1.66% up at 114.75 as rising crude oil prices helped push up prices
Aluminium is taking resistance at 115.80 and support is seen at 113.30.
Aluminium daily stocks at Shanghai exchange came down by 5873 tonnes.

Wednesday, May 11, 2011

WWW.MCXTIPS.COM


In this context, the US dollar index overnight surged to 75.3, weighing down LME zinc prices to USD 2,122/mt, and with prices closing at USD 2,142/mt, down USD 33.8/mt. In yesterday's trading session zinc has touched the low of 94.9 after opening at 97.4, and finally settled at 95.65. For today's session market is looking to take support at 94.4, a break below could see a test of 93.1 and where as resistance is now likely to be seen at 97.5, a move above could see prices testing 99.4.

Trading Ideas:
Zinc trading range is 93.1-99.4.
Zinc ended lower weighed down by rise in China’s CPI during April rose by 5.3% YoY
Zinc looks to take support at 94.40 and resistance at 97.50.
Zinc daily stocks at Shanghai exchange came up by 707 tonnes.

LME nickel prices largely fluctuated lower overnight. Affected by firm US dollar, inflation concern caused by China's CPI, and crude oil price tumble, LME nickel prices accelerated declines and were weighed to move below USD 25,000/mt.

Economic data announced from China also clouded market. China's April CPI only declined slightly. China's CPI for April was reported at 5.3% YoY, higher than expectation of 5.2%. For today's session market is looking to take support at 1076.6, a break below could see a test of 1060.4 and where as resistance is now likely to be seen at 1116, a move above could see prices testing 1140.6.

Trading Ideas:
Nickel trading range is 1060.4-1140.6.
Nickel ended down by 2.43% tracking weakness in other base metals counter
Nickel is having resistance at 1116.70 and support at 1076.60 level.
Spread between nickel MAY & JUN contracts yesterday traded in the range of 9.90 - 11.2.

Tuesday, May 3, 2011

Mcx Trading


SILVER TIPS (JULY - 2011) :
Star performance but time to exit long and sell side.....We are bearish and buying call below 73000.......
Silver price remain bearish.....due impose a fresh margin as well as profit booking

Yesterday it was made a high 67442 and finally lower level freeze were saw resulted more down side opening (63785)...... Ultimate target 6000 mark. Three close below 60000 down side target ...............?.
Today support 61762........below....free fall.

NICKEL TIPS (MAY) :Trend is very bullish..... We may consider support 1180 and resistance 1250.... Close watch this range.... Break or break down will one side move. On weakness to buy side with tight stop loss. 

Today support range 1190-1200 range whereas the buying opportunity. Today if not trade above 1222.....in first hrs trade.....short term selling opportunity. 

LEAD TIPS (MAY) : Over all trend is bullish . Down side support is 110 watch out as hold this level, bull move continue. Higher level resistance 115 and lower level support 112 to be watch out please. 

COPPER TIPS (JUNE) : Sell on rise strategy... Last it was made a high 439 and low 412....... In this week it will face resistance 423-425 remain below weakness continue in this counter. Looks good and decline to buy side.
Today support 420 , hold this level to buy side.. resistance 425-428 range.

ALUMINIUM TIPS (MAY) : Bullish break out..........Hold 123 with volume decent move can not be ruled.
Buy on Decline -with consider support range 120 or below..

NATURAL GAS TIPS (MAY) :
Consider major support 200-205 range hold this level target 220.
Do not panic at lower level......Bullish break out....buy and buy only....

Thursday, April 28, 2011

Free Mcx Trading Tips On Mobile


Mcx Trading Snapshot - Crude oil: As predicted for the last week, Crude has bounced back till 4650 levels. Technically speaking prices have a very strong resistance at 5060 levels.

MACD histogram is showing a long negative divergence and Momentum indicators is also not favoring the rising prices. For the coming week Monarch expects some correction till 4860 levels.

For viewing the relevant charts, please click on the link below.
Lead prices has corrected by 3 % from the last week and we expect some bounce back in the prices for the coming trading sessions.

Technically speaking MACD is showing the highly oversold condition and RSI is trading near 40 levels which is not justifiable. Prices has also formed the Hammer Candle stick pattern which is giving the bullish indi-cator. .
For the coming week we expect prices might bounce back till 50 % of the Fibonacci retracement i.e. at 123-124 levels .

Zinc prices has corrected by 8 % from the last 2 weeks and we expect some bounce back in the prices

Technically speaking MACD is showing the highly oversold condition and RSI is trading near 40 levels which is not justifiable. Prices has also formed the Twizzer Bottom and Doji candle stick pattern which is giving the bullish indicator. . 

For the coming week we expect prices might bounce back till 50 % of the Fibonacci retracement i.e. at 109 levels .

We do not rule out a delayed impact of global crude demand due to high crude prices, we believe the same will be less pronounced as seen in the last correction, as: (1) we are in a upward economic cycle in a high liquidity regime; and (2) earlier demand correction was exacerbated by the financial/mortgage crisis, which is absent currently.

We believe that CY11 global crude demand estimates pose less risk, as we are in midst of an upward revision to global crude demand estimates, and US has been recently showing signs of improvement in the broader economy (recent Fedex guidance).

Monday, April 18, 2011

Free Mcx Commodities Tips


GOLD TIPS  (JUNE - 2011) : Due to demand of ETF Fund and weakness in Dollar resulted Gold investment is save heaven and resulted a record high and closed at above 21500 level. Over all trading sentiment are positive, as inflation in China accelerated, underscoring the challenger that Central Bankers world wide face in combating the rising prices. Speculators were enlarging their position on expectation that the surging precious metal might gain further momentum in the coming months. 

On a technical side, consider support 21200-21300 range.. as remain hold 21500 bullish view continue..... Above ................TARGET ............. 22500 in near term.
 
Comex : Strong bull favour.....with consider support US $ 1455... crossover 1500-1505 range decent move and first target 1535 $ mark.

 SILVER TIPS  (May - 2011) : Entered in unchartered territory... 

Short covering, fresh speculative buying by Big Hedge Funds, high oil prices and geo political risks also helped previous metal to move further. On the other hand the steady rise in Silver supply currently is derived as a byproduct from Gold, Copper, Lead and Zinc as many mines have stopped functioning and no new mines has opened of late. On the other hand investors are consciously switching from Gold to Silver as they expected further appreciation in prices with growing industrial demand. Silver is current trading at 42 an ounce.....and may test 50-52 ounce which is a peak of 1980. 

Silver rose to record high on concerns about rising inflation globally, and as a lingering Euro zone sovereign debt crisis continued to boost safe-haven demand. Chinese inflation gauges rose strongly again and the overall U.S. producer and consumer inflation readings rose, but remained sub-1%.  Holdings in the world's largest silver-backed exchange-traded fund, iShares Silver Trust, rose by 69.81 tonnes, or 0.64 percent, from the previous session to 11,044.07 tonnes by April 15.

ow technically market is in overbot as RSI for 18days is currently indicating 80.26, where as 50DMA is at 54359.78 and silver is trading above the same and getting support at 61769 and below could see a test of 61149 level, And resistance is now likely to be seen at 62925, a move above could see prices testing 63461.

Trading Ideas:
Silver trading range is 61149-63461.
Silver rose to record high on concerns about rising inflation globally
Silver is having resistance at 62925 and support at 61769 level.
Holdings at ishares silver trust rose by 69.81 tonnes to 11044.07 tonnes.

Thursday, April 7, 2011

Best Mcx Tips


Natural gas yesterday traded with the negative node and settled -2.11% down at 180.5 for a fifth day, dropping to the lowest level in three-weeks after the US EIA said natural gas inventories fell less-than-expected last week. It earlier fell to USD4.034 per mBtu, the lowest price since March 17. 

The contract traded at USD4.116 prior to the release of the EIA data. The U.S. EIA said in its weekly report that natural gas storage in the U.S. in the week ended April 1 fell by 45 bcf, after rising by 12 bcf in the preceding week. 

Market had expected U.S. natural gas storage to fall by 50 bcf. According to the data, total U.S. natural gas storage in the week ended April 1 stood at 1.579 trillion cubic feet. Stocks were 86 bcf less than last year at this time and 10 bcf above the five-year average of 1.569 trillion cubic feet for this time of year. Prices were also pressured as forecasts showed warmer-than-normal temperatures in the US next week, dampening demand expectations for the heating fuel. For today's session market is looking to take support at 178.2, a break below could see a test of 175.8 and where as resistance is now likely to be seen at 184, a move above could see prices testing 187.4.

Trading Ideas:
Natural Gas trading range is 175.8-187.4.
Natural gas ended down after the EIA said natural gas inventories fell less-than-expected last week.
Natural gas looks to test support at 178.20 and resistance is seen at 184.
EIA said that natural gas storage in U.S. fell by 45 billion cubic feet

Aluminium yesterday traded with the positive node and settled 0.04% up at 117.95 tracking LME aluminum prices which opened at USD 2,671/mt, and later strengthened supported by soaring crude oil prices and a weaker US dollar caused by the European Central Bank’s interest rate increase, with the highest level reported at USD 2,694.3/mt, again setting a new high. At the end of trading, the 7.4 magnitude aftershock in northeast Japan triggered panic sell-offs in the market, dragging down LME aluminum prices to close at USD 2,680/mt, up USD 7.5/mt or 0.28% compared with the previous trading day. 

Later, the US Labor Department announced that the initial jobless claims fell to 382k last week, down 10k from a week earlier. The better-than-expected employment data helped push up the US dollar index, but later a major aftershock measuring 7.4 magnitude hit northeast Japan on Thursday evening, triggering large-scale sell-offs in the market. For today's session market is looking to take support at 117.3, a break below could see a test of 116.6 and where as resistance is now likely to be seen at 118.7, a move above could see prices testing 119.4.

Trading Ideas:
Aluminium trading range is 116.6-119.4.
Aluminium demand is rising steadily and could wipe out global oversupply by the end of 2011.
Aluminium is taking resistance at 118.70 and support is seen at 117.30.
Aluminium daily stocks at Shanghai exchange came down by 372 tonnes.

Crude Palm oil yesterday traded with the negative node and settled -1.53% down at 514.2 taking weak cues from global market. Output in the second-largest producer after Indonesia probably rose 15%-22% in March. 

Traders also expect end-March stockpiles to reach 1.60 million-1.65 million tons, a level not seen since December. In yesterday's trading session Crude Palm oil has touched the low of 514.2 after opening at 519.1, and finally settled at 514.2. For today's session market is looking to take support at 512.4, a break below could see a test of 510.7 and where as resistance is now likely to be seen at 517.7, a move above could see prices testing 521.3.

Trading Ideas:
Crude Palm Oil trading range is 511-521.6.
Crude Palm oil yesterday traded with the negative node taking weak cues from global market
Resistance for crude palm oil is at 517.70 level
Support for crude palm oil is at 512.40 level.
Crude palm oil prices in spot market dropped 4.50 rupees and settled at 514.70 rupees.

Wednesday, March 30, 2011

Tips For Mcx


Currently commodities markets in India are showing a negative trend. At MCX future, 3 out of the 4 indices are trading with a downward trend.

At MCX futures, MCXCOMDEX is trading at 3,494.76, down by 0.70%, MCXMETAL is trading at 4,508.12, up by 0.33% and MCXENERGY is currently trading at 3,312.36, down by 0.09% while MCXAGRI is trading at 2,530.00, down by 5.69% (At 11:10 A.M today)

On the back of weak global cues and due to the Japanese nuclear crisis, metals including copper, aluminum and lead showed a decreasing trend. Copper futures on the London Metal exchange fell for the third consecutive day. Currently at MCX future, Copper for April contract is trading at Rs 434.50, up by 0.43 % (At 10:24 A.M today).

Similarly the top losers at MCX future are Brent crude oil for April contract (-0.86%), Natural Gas for June contract (-0.78%), Natural Gas for April contract (-0.72%), Cardamom for July contract (-0.69%) and Natural Gas for May contract (-0.65%). (At 11:11 A.M today)

The top gainers at NCDEX future are Potato Agra for April contract (2.93%), LS Crude Oil JNP for May contract (2.35%), Steel Long New for June contract (2.29%), Chilli LCA 334 G for July contract (2.20%) and Potato Agra for May contract (2.02%). (At 11:01 A.M today)

Similarly the top losers at NCDEX future are Castor seed for April contract (-2.76%), Turmeric Agra for May contract (-2.72%), Castor seed for May contract (-2.29%), Chana for August contract (-2.25%) and Castor seed for July contract (-2.00%). (At 11:01 A.M today)

On the domestic arena, at MCX future, Crude Oil for April contract is trading at Rs 4,698.00 against Previous close price of Rs 4,697.00 (up by 0.02 %). (At 11:12 A.M today)

Gold for April contract is trading at Rs 20,674.00 against Previous close price of Rs 20,641.00 (up by 0.16%). (At 11:12 A.M today)

Natural gas for April contract is trading at Rs 193.40 against Previous close price of Rs 194.80 (down by 0.72 %). (At 11:13 A.M today)

Silver for May contract is trading at Rs 55,512.00 against Previous close price of Rs 55,165.00 (up by 0.63 %). (At 11:14 A.M today)

Sunday, March 27, 2011

Mcx India Tips


Currently, Domestic commodities markets are trading with positive note. All the indexes at Multi Commodity Exchange (MCX) are showing upward trend. At MCX futures, MCXCOMDEX is trading at 3,548.15 (up by 0.42%), MCXENERGY is trading at 3,341.14 (up by 0.66%), MCXMETAL is trading at 4,514.72 (up by 0.30%), and MCXAGRI is trading at 2,738.63 (up by 0.22%). (At 11:25 AM today).

At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,141.04, up by 0.49% (At 11:23 AM today).

On the domestic front, cardamom futures are trading with positive note due to firming trend in the spot market. April future surged as much as 0.61% to Rs. 1,103.40 per kg on the Multi Commodity Exchange (MCX) as speculators are taking fresh position due to pick-up in spot demand. Moreover, restricted arrivals from the major producing region also kept the prices in positive zone.

At Multi Commodity Exchange (MCX), cardamom future for April contract is trading at Rs. 1,107.00 per kg, up by 0.94%, after opening at Rs. 1,098.10 against the previous close price of Rs. 1,096.70. It touched the intra-day high of Rs. 1,107.50 per kg till the trading. (At 11:22 AM today).

The top gainers at MCX are Natural gas for March contract (2.60%), Natural gas for April contract (2.53%), Natural gas for May contract (2.21%), Refined soya oil for May contract (2.10%) and Cardamom for April contract (0.94%). (At 11:20 AM today).

The top losers at MCX are Potato TRWR for May contract (-2.13%), Potato TRWR for June contract (-1.93%), Potato TRWR for April contract (-1.66%), Potato for June contract (-1.58%) and Potato for May contract (-1.37%). (At 11:18 AM today).

The top gainers at NCDEX are Coriander for June contract (2.7%), Chilli for June contract (1.9%), Chilli for July contract (1.7%), Castor seed for July contract (1.6%) and Coriander for May contract (1.5%). (At 11:16 AM today).

The top losers at NCDEX are Potato for August contract (-2.2%), Gur for September contract (-0.4%), Gur for July contract (-0.4%), Potato for July contract (-0.4%) and Potato for September contract (-0.4%). (At 11:14 AM today).

Precious metals are trading with steady note in the domestic market as investors worried about turmoil in North Africa and Middle East, and nuclear crisis in Japan that spurred the demand for the yellow metal as a protection of wealth. However, concern about debt crisis in European nations also helped gold prices reach an all time high of $1,448.60 per ounce this week.

Monday, March 21, 2011

Commodity Mcx Tips


At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,968.00 per 10 grams, up by 0.58%, after opening at Rs. 20,879.00 against the previous close price of Rs. 20,848.00. It touched the intra-day high of Rs. 20,996.00 till the trading. (At 02:41 PM today).

At COMEX, gold future for April contract is trading at $1,426.2 per ounce, up by $10.1, after opening at $1,424.2 against the previous close price of $1,416.1. It touched the intra-day high of $1,429.7 with a business volume of 19,236 lots till the electronic trading. (At 02:40 PM today).

Silver for May contract, at MCX, is trading at Rs. 53,810.00 per kg, up by 1.32%, after opening at Rs. 53,245.00 against the previous close price of Rs. 53,111.00. It touched the intra-day high of Rs. 53,995.00 till the trading. (At 02:38 PM today).

Copper for April contract, at MCX, is trading at Rs. 434.70 per kg (down by 0.15%) after opening at Rs. 434.90 against the previous close price of Rs. 435.35 with intra-day low of Rs. 432.85 till the trading. (At 02:34 PM today).

At Multi Commodity Exchange (MCX), natural gas future for March contract is trading at Rs. 190.20 per mmBtu, up by 1.33%, after opening at Rs. 188.90 against the previous close price of Rs. 187.70 per mmBtu. It touched the intra-day high of Rs. 190.60 till the trading. (At 02:30 PM today).

Currently, Domestic commodities markets are trading with positive note. Three out of the four indices are showing upward trend on Multi Commodity Exchange (MCX). At MCX futures, MCXCOMDEX is trading at 3,517.90 (up by 0.73%), MCXMETAL is trading at 4,455.60 (up by 0.40%), MCXAGRI is trading at 2,825.48 (down by 0.13%), and MCXENERGY is trading at 3,277.19 (up by 1.55%). (At 11:10 AM today).

On the domestic front, Cardamom futures are trading with negative note on the back profits booking by the speculators, driven by weakening trend in spot demand. April futures dropped by Rs. 34.1, or 2.99%, to Rs. 1,103.10 per kg on the Multi Commodity Exchange (MCX). Moreover, increased arrivals from major producing regions also put a downward pressure on the cardamom futures prices.

At Multi Commodity Exchange (MCX), Cardamom future for April contract is trading at Rs. 1,110.50 per kg, down by 2.35%, after opening at Rs. 1,130.00 against the previous close price of Rs. 1,137.20. It touched the intra-day high of 1,130.00 till the trading. (At
11:18 AM today).

The top gainers at MCX are Mentha Oil for March contract (1.96%), Crude Oil for May contract (1.64%), Crude Oil for April contract (1.62%), Crude Oil for March contract (1.60%) and Crude Oil for June contract (1.59%). (At
11:10 AM today).

The top losers at MCX are Potato for May contract (-2.74%), Potato for June contract (-2.63%), Cardamom for May contract (-2.50%), Cardamom for April contract (-2.46%) and Cardamom for July contract (-2.39%). (At
11:11 AM today).

The top gainers at NCDEX are Maize - Feed/Industrial Grade for July contract (2.40%), Pepper for June contract (1.70%), Light Sweet Crude Oil for March contract (1.60%), Light Sweet Crude Oil for April contract (1.60%) and Silver for May contract (1.40%). (At
11:04 AM today).

The top losers at NCDEX are Potato for July contract (-3.00%), Potato for August contract (-2.90%), Potato for June contract (-2.80%), Potato for April contract (-2.60%) and Potato for May contract (-2.10%). (At
11:04 AM today).

Precious metals are trading with positive note in the domestic bullion market on the back of following firm global cues. April future advanced as much as 0.70% to Rs. 20,993.00 per 10 grams, while silver for May contract surged as much as 1.58% to Rs. 53,951.00 per kg on the Multi Commodity Exchange (MCX) today.

Thursday, March 17, 2011

Mcx Tips Provider

At Multi Commodity Exchange (MCX), Cardamom future for April contract is trading at Rs. 1,140.60 per kg, down by 0.75%, after opening at Rs. 1,146.00 against the previous close price of Rs. 1,140.60. It touched the intra-day low of 1,130.00 till the trading. (At 11:23 AM today).

The top gainers at MCX are Refined soya oil for May contract (1.76%), Sugar MDEL for March contract (1.15%), Nickel for May contract (0.83%), Nickel for March contract (0.70%) and Nickel for April contract (0.60%). (At
11:18 AM today).

The top losers at MCX are Potato TRWR for June contract (-2.99%), Potato TRWR for May contract (-2.98%), Potato TRWR for April contract (-2.88%), Potato for June contract (-2.09%) and Cardamom for July contract (-1.96%). (At
11:17 AM today).

The top gainers at NCDEX are Guar Gum for April contract (2.72%), Guar Gum for March contract (2.72%), Guar Gum for May contract (2.63%), Guar Seeds for May contract (2.20%) and Guar Seeds for April contract (2.12%). (At
11:15 AM today).

The top losers at NCDEX are Potato for August contract (-4.0%), Potato for July contract (-3.98%), Potato for June contract (-2.95%), Potato for May contract (-2.74%) and Turmeric for April contract (-1.91%). (At
11:13 AM today).

Precious metals are trading with negative note in the domestic bullion market on the back of following weak global cues. April future dropped as much as 0.66% to $1,386.8 per ounce on the Commodity Exchange (COMEX) in electronic trading as
Japan’s nuclear crisis intensified from the March 11 strongest earthquake and tsunami, forcing investors to sell the precious metals to cover losses in equities and other commodities. Silver also fell and traded near three month lows.

At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,589.00 per 10 grams, down by 0.31%, after opening at Rs. 20,640.00 against the previous close price of Rs. 20,652.00. It touched the intra-day low of Rs. 20,585.00 till the trading. (At
11:10 AM today).

At COMEX, gold future for April contract is trading at $1,393.0 per ounce, down by $3.1, after opening at $1,400.0 against the previous close price of $1,396.1 per ounce. It touched the intra-day low of 1,386.8 with a business volume of 20,067 lots till the electronic trading. (At
11:09 AM today).

Silver for May contract, at MCX, is trading at Rs. 51,827.00 per kg, down by 0.72%, after opening at Rs. 52,100.00 against the previous close price of Rs. 52,203.00. It touched the intra-day low of Rs. 51,650.00 till the trading. (At
11:08 AM today).

Today, gold futures prices will take cues from the global market as The U.S. Department of labor has scheduled to release initial jobless claims at 07:00 PM IST that provides the measure of the number of people filing first time claims for state unemployment insurance. Generally, a low reading is seen as negative for gold prices, while a high reading is seen as positive. Investors are expecting a decrease in this report by 12,000 to 385,000 for the week ended
March 12, 2011 as compared to previous figure of 397,000.

On the international front, The Energy Information Administration (EIA) reported yesterday that
U.S. oil stockpiles increased by 1.7 million barrels in the week ended March 3, 2011 against the forecasts of 2.5 million barrels rise in the stockpiles.

At Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,458.00 per barrel, up by 0.32%, after opening at Rs. 4,435.00 against the previous close price of Rs. 4,444.00. It touched the intra-day high of Rs. 4,459.00 till the trading. (At
11:06 AM today).

Crude oil for April future, at NYMEX, is trading at $98.37 per barrel, up by 39 cents, after opening at $98.10 against the previous close price of $97.98. It touched the intra-day high of $98.70 with a business volume of 12,901 lots till the electronic trading. (At
11:05 AM today).

Copper for April contract, at MCX, is trading at Rs. 423.20 per kg (up by 0.37%) after opening at Rs. 422.10 against the previous close price of Rs. 421.65 with intra-day high of Rs. 423.45 till the trading. (At
11:04 AM today).

Today, copper futures prices will take cues from the global market as the Board of Governors of the Federal Reserve has scheduled to release the U.S. industrial production data at 06:45 PM IST that indicates the volume of production of U.S. industries such as factories and manufacturing. A high reading is seen as positive for copper prices, while a low reading is seen as negative for copper.

At Multi Commodity Exchange (MCX), natural gas future for March contract is trading at Rs. 179.70 per mmBtu, up by 0.22%, after opening at Rs. 179.70 against the previous close price of Rs. 179.30 per mmBtu. It touched the intra-day high of Rs. 179.90 till the trading. (At
11:03 AM today).

Tuesday, March 15, 2011

Mcx Tips Guru


Gold Tips : (MCX-Apr'11): SEE what we wrote on Monday: Still you want any proof:

Gold will continue maintain its down move. Last trading day, a recovery from lower level was seen in this counter but this is to confuse the traders. Sell at high level will be good strategy. Now, Gold may try to touch its 50 DEMA of 20712. Below, 20630, gold will be in sellers grip for its next target of 20220. 

Silver Tips : (MCX-May'11): See from your own eyes what we wrote on Monday: Above 54500, it may try to touch its psychological figure of 55000-55220 but from there it may start its downward journey for 52000. Technically, this is in overbought zone and any time a sharp correction of 2000 - 4000 point can be start. Sell at high level.

Copper Tips : (MCX-Apr'11): Copper may bounce back from its current level till 438. Downside its taken strong support between 415 and 411. 

Zinc Tips : (MCX-Mar'11): Zinc is in recovery mode from its lower level. It took strong support near 100. We expect that a bounce back may be seen in this counter till 110-112. 

Natural Gas Tips : (MCX-Mar'11): NG may recover from its lower level any time. Short covering is very much expected in this counter. A pull back rally cannot be ruled out for TGT of 192.

Currently, Domestic commodities markets are trading with negative note. Most of the indices are showing downward trend on Multi Commodity Exchange (MCX) except MCXAGRI. At MCX futures, MCXCOMDEX is trading at 3,408.43 (down by 1.67%), MCXMETAL is trading at 4,343.40 (down by 1.72%), MCXENERGY is trading at 3,123.42 (down by 2.48%), and MCXAGRI is trading at 2,790.22 (up by 0.36%). (At 05:24 PM today).

At NCDEX, the Dhaanya, an agri commodity index, closed at 1,104.61, down by 0.15% (At
05:00 PM today).

On the domestic front, cardamom futures advanced in the domestic market due to strong demand in the spot market. April future surged as much as 1.79% to Rs. 1,119.00 per kg on the Multi Commodity Exchange (MCX) today. 


Speculators increased their long positions at the existing price level. Moreover, restricted arrivals from the major producing regions also supported the prices in futures market.

At Multi Commodity Exchange (MCX), cardamom future for April contract closed at Rs. 1,113.00 per kg, up by 1.25%, after opening at Rs. 1,095.00 against the previous close price of Rs. 1,099.30. It touched the intra-day high of Rs. 1,119.00 per kg. (At
05:20 PM today). 

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Wednesday, March 9, 2011

www.shyamadvisory.com


Currently, Domestic commodities markets are trading with negative note. Most of the indices are showing downward trend on Multi Commodity Exchange (MCX) except MCXMETAL. At MCX futures, MCXCOMDEX is trading at 3,535.88 (down by 0.15%), MCXENERGY is trading at 3,294.02 (down by 0.35%), MCXAGRI is trading at 2,846.75 (down by 1.22%), and MCXMETAL is trading at 4,476.70 (up by 0.37%). (At 02:55 PM today).

At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,123.34, up by 0.98% (At 02:51 PM today).

On the domestic front, gold futures are trading with negative note, moving away from recent record highs, due to tracking weak global cues. April future declined as much as 0.33% to Rs. 20,952.00 per 10 kg on the Multi Commodity Exchange (MCX) today. April future dropped 0.28% to $1,423.2 per ounce in New York as crude prices declined from a 29-month high, easing concern over rising inflation and reducing investment appeal for the yellow metals as a wealth of protection.

By Shyam advisory (SA) at Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,996.00 per 10 grams, down by 0.10%, after opening at Rs. 20,990.00 against the previous close price of Rs. 21,022.00. It touched the intra-day low of Rs. 20,952.00 till the trading. (At 02:50 PM today).

By Shyam advisory (SA) at COMEX, gold future for April contract is trading at $1,426.6 per ounce, down by 60 cents, after opening at $1,429.7 against the previous close price of $1,427.2 per ounce. It touched the intra-day low of 1,423.2 with a business volume of 15,552 lots till the electronic trading. (At 02:48 PM today).

The top gainers at MCX are Cardamom for March contract (3.00%), Cardamom for April contract (3.00%), Cardamom for May contract (2.92%), Potato TRWR for May contract (2.90%) and Cardamom for June contract (2.69%). (At 02:46 PM today).

The top losers at MCX are Brent crude oil for April contract (-2.51%), Natural gas for April contract (-2.07%), Natural gas for March contract (-2.07%), Natural gas for May contract (-1.91%) and Refined soya oil for May contract (-0.94%). (At 02:45 PM today).

The top gainers at NCDEX are Potato for June contract (3.00%), Potato for September contract (2.5%), Guar seed for July contract (2.4%), Potato for July contract (2.3%) and Guar seed for June contract (2.1%). (At 02:44 PM today).

The top losers at NCDEX are Jeera for May contract (-1.3%), Jeera for April contract (-1.2%), Gur for September contract (-1.00%), Jeera for March contract (-1.00%) and Gur for July contract (-0.7%). (At 02:42 PM today).

On the domestic front, Potato futures prices continued to rise due to firm spot demand in order to meet the ongoing marriage season demand in India. March future surged by Rs. 11.9, or 1.63%, to Rs. 738.00 per 100 kgs, while April future climbed by Rs. 16, or 2.31%, to Rs. 708.00 per 100 kgs on the Multi Commodity Exchange (MCX) today. Moreover, restricted fresh arrivals from the major producing regions also kept the futures prices in positive zone.

By Shyam advisory (SA) at Multi Commodity Exchange (MCX), potato future for March contract is trading at Rs. 728.00 per 100 kgs, up by 0.26%, after opening at Rs. 725.10 against the previous close price of Rs. 726.10. It touched the intra-day high of 738.00 till the trading. (At 02:38 PM today).

Copper for April contract, at MCX, is trading at Rs. 435.25 per kg (up by 0.29%) after opening at Rs. 433.05 against the previous close price of Rs. 434.00 with intra-day high of Rs. 436.40 till the trading. (At 02:37 PM today).

Natural gas declined today, after gaining 1.88% yesterday, on the back of tracking weak global cues. March future dropped as much as 2.40% to Rs. 174.30 per mmBtu on the Multi Commodity Exchange (MCX).

April future dropped 0.39% to $3.849 per mmBtu in New York today on forecasts of warmer than normal weather in U.S. from March 14 through 18 that may reduced the demand for heating fuel. Temperature may at 8 degrees above normal in the central U.S., according to WSI Corp. in Andover, Massachusetts. Expectation of milder weather may reduce the demand for the heating fuel as it is used as a heating purpose in the residence during the cold weather. About 52 percent of U.S. households use natural gas for heating, according to the Energy Department.

By Shyam advisory (SA) at Multi Commodity Exchange (MCX), natural gas future for March contract is trading at Rs. 174.90 per mmBtu, down by 2.07%, after opening at Rs. 177.20 against the previous close price of Rs. 178.60 per mmBtu. It touched the intra-day low of Rs. 174.30 till the trading. (At 02:34 PM today).

By Shyam advisory (SA) aT NYMEX, natural gas future for April contract traded at $3.860 per million British thermal units, down by 0.10%, after opening at $3.854 against the previous close price of $3.864. It touched the intra-day low of $3.849 till the electronic trading. (At 02:33 PM today).

By Shyam advisory (SA) at Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,723.00 per barrel, down by 0.04%, after opening at Rs. 4,715.00 against the previous close price of Rs. 4,725.00. It touched the intra-day low of Rs. 4,700.00 till the trading. (At 02:32 PM today).

Crude oil for April future, at NYMEX, is trading at $104.64 per barrel, down by 38 cents, after opening at $104.96 against the previous close price of $105.02. It touched the intra-day low of $104.21 with a business volume of 13,625 lots till the electronic trading. (At 02:30 PM today).

Sunday, March 6, 2011

Mcx NCDEX Tips


On 4th March 2011 (Friday), the domestic commodity markets closed on a positive note. All 4 indexes on MCX trading in the positive zone compared to the previous close price. Yesterday, in the MCX future, MCXCOMDEX closed at 3551.06 up by 1.57%., while MCXMETAL closed at 4497.51 up by 0.96% , MCXENERGY closed at 3281.47 up by 2.89% and MCXAGRI closed at 2907.55 up by 0.52%.
At NCDEX, the Dhaanya, an agri commodity benchmark index, was closed at 1131.64 up by 0.04%.

Crude oil futures prices advanced today, after falling 1.17% in previous session, in the domestic market due to tracking firm global cues. March future surged by Rs. 79, or 1.73%, to Rs. 4,624.00 per barrel on the Multi Commodity Exchange (MCX) as speculators started to take fresh long position in hoping that political tensions may spread to Iran and Oman, boosting concern of oil supply disruption.

Yesterday at the MCX, the market breadth was Positive with 43 commodities advanced and 19 commodities declined. Wherein at NCDEX the market breadth was negative with 31 commodities advanced and 65 commodities declined.

The top gainers at MCX were Crude oil for March contract (3.32%), Crude oil for April contract (3.14%), Silver Mic for June contract (2.98%), Crude Oil for May contract (2.97%), Silver for March contract (2.97%) and Silver for May contract (2.88%).
 
Similarly the top losers at MCX were Potato for May contract (-3.59%), Iron Ore for March contract (-3.16%), Heating Oil for May contract (-3.13%), Potato for April contract (-3.00%), Iron Ore for April contract (-2.78%), and Potato TRWR for May contract (-2.72%).

Moreover, the gainers at NCDEX were Light Sweet crude oil for March contract (3.4%), Silver for July contract (2.2%), Silver for May contract (2.1%), Steel Long for June contract (2.0%) and Ref Soya Oil for May contract (1.5%).

The top losers at NCDEX were Potato for April contract (-4.0%), Potato for May contract (-4.0%), Potato for July contract (-4.0%), Potato for August contract (-4.0%), Potato for September Contract (-4.0%).

Yesterday at MCX, the top traded commodities in terms of quantity were Crude Oil for March contract with 195016 lots, Silver RM for April contract with 109611lots, Copper for April contract with 104213 lots, Silver for May contract with 82770 lots, Silver Mic for April contract with 50583 lots, and Nickel for March contract with 47108 lots.

On the domestic arena, at MCX Crude Oil for March contract closed at INR 4698.00.
It touched a high of INR 4709.00 and a low of INR 4543.00 after opening at INR 4543.00. Crude Oil for April contract closed at INR 4770.00, it touched a high of INR 4777.00 and a low of INR 4620.00 after opening at INR 4620.00. Crude Oil for May contract closed at INR 4824.00, it touched a high of INR 4830.00 and a low of INR 4719.00 after opening at INR 4734.00.

Gold for April contract closed at INR 21054.00, it touched a high of INR 21082.00 and a low of INR 20847.00 after opening at INR 20875.00. Gold for June contract closed at INR 21352.00, it touched a high of INR 21370.00 and a low of INR 21155.00 after opening at 21206.00.

Silver for March contract closed at INR 51636.00, it touched a high of INR 52187.00 and a low of INR 50458.00 after opening at INR 50477.00. Silver for May contract closed at INR 52826.00, it touched a high of INR 52900.00 and a low of INR 51453.00 after opening at INR 51453.00.

As a result of restricted arrivals from major producing region, refined soya oil futures surged in the domestic market today. March future rose as much as 0.83% to Rs. 637.55 per 10 kg on the Multi Commodity Exchange (MCX) due to supply concern, and pick-up in spot demand due to marriage season.

Thursday, March 3, 2011

Mcx Free Share Market Tips


Currently, Domestic commodities markets are trading with positive note. All the indices are showing upward trend on Multi Commodity Exchange (MCX). At MCX futures, MCXCOMDEX is trading at 3,525.07 (up by 0.11%), MCXMETAL is trading at 4,487.00 (up by 0.02%), MCXENERGY is trading at 3,231.16 (up by 0.18%), and MCXAGRI is trading at 2,894.04 (up by 0.27%). (At 02:53 PM today).

At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,137.27, down by 0.91% (At 02:48 PM today).

On the domestic front, Cardamom futures prices are trading with negative note due to profits booking by the speculators at existing price levels. March future dropped by Rs. 36.3, or 3.30%, to Rs. 1,061.00 per kg on the Multi Commodity Exchange (MCX) today. Speculators reduced their long positions on the back of weakening in spot demand. Moreover, increased arrivals from major producing regions also kept the prices in negative zone today.

At Multi Commodity Exchange (MCX), cardamom future for March contract is trading at Rs. 1,076.00 per kg., down by 1.94%, after opening at Rs. 1,066.10 against the previous close price of Rs. 1,097.30. It touched the intra-day low of Rs. 1,061.00 per kg till the trading. (At 02:48 PM today).

The top gainers at MCX are Brent crude oil for March contract (3.53%), Brent crude oil for April contract (3.43%), Nickel for April contract (1.30%), Nickel for March contract (1.26%) and CPO for May contract (1.16%). (At 02:47 PM today).

The top losers at MCX are Potato for May contract (-4.00%), Potato for April contract (-4.00%), Potato TRWR for March contract (-3.96%), Ironore for March contract (-3.83%) and Ironore for April contract (-3.35%). (At 02:46 PM today).

The top gainers at NCDEX are Guar gum for August contract (3.0%), Pepper for June contract (1.6%), Pepper for July contract (1.3%), Light sweet crude oil for April contract (1.1%) and Refined soya oil for June contract (1.1%). (At 02:42 PM today).

The top losers at NCDEX are Potato for April contract (-4.00%), Potato for May contract (-4.00%), Potato for June contract (-4.00%), Potato for August contract (-3.9%) and Potato for July contract (-3.7%). (At 02:28 PM today).

Potato futures declined in the domestic market due to weaker demand in the spot market. March contract declined by Rs. 21.4, or 2.93%, to Rs. 708.40 per 100 kgs on Multi Commodity Exchange (MCX) due to increased arrivals from the producing regions in the spot market. Moreover, sluggish demand in the spot market also kept the prices in the negative zone today.

At Multi commodity Exchange (MCX), potato future for March contract is trading at Rs. 709.40 per 100 kgs, down by 2.80%, after opening at Rs. 731.60 against the previous close price of Rs. 729.80. It touched the intra-day low of Rs. 708.40 till the trading. (At 02:36 PM today).

Nickel futures prices surged in the domestic market on the back of tracking firm trend in overseas market, and pick up in spot demand. At Multi Commodity Exchange (MCX), nickel future for March contract is trading at Rs. 1,299.50 per kg, up by 0.95%, after opening at Rs. 1,290.30 against the previous close price of Rs. 1,287.30 per kg. It touched the intra-day high of Rs. 1,302.80 till the trading. (At 02:30 PM today).

Copper for April contract, at MCX, is trading at Rs. 449.05 per kg (down by 0.06%) after opening at Rs. 449.10 against the previous close price of Rs. 449.30 with intra-day low of Rs. 446.35 till the trading. (At 02:29 PM today).

At Multi Commodity Exchange (MCX), natural gas future for March contract is trading at Rs. 174.00 per mmBtu, up by 0.46%, after opening at Rs. 173.20 against the previous close price of Rs. 173.20 per mmBtu. It touched the intra-day high of Rs. 174.20 till the trading. (At 02:28 PM today).

At Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,607.00 per barrel, up by 0.57%, after opening at Rs. 4,584.00 against the previous close price of Rs. 4,581.00. It touched the intra-day high of Rs. 4,636.00 till the trading. (At 02:24 PM today).

At Multi Commodity Exchange (MCX), gold future for April contract is trading with negative note at Rs. 21,086.00 per 10 grams, down by 0.30%, after opening at Rs. 21,111.00 against the previous close price of Rs. 21,152.00. It touched the intra-day low of Rs. 20,931.00 till the trading. (At 02:23 PM today).

At Multi Commodity Exchange (MCX), silver future for March contract is trading at Rs. 50,836.00 per kg, down by 0.37%, after opening at Rs. 50,651.00 against the previous close price of Rs. 51,026.00 per kg. It touched the intra-day low of Rs. 50,430.00 till the trading. (At 02:22 PM today).