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)

1 comment:

  1. Traders can learn about different commodities with the help of such posts. To earn better returns in commodity market experts advisable MCX Tips can be used.

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