Monday, April 1, 2013

NCDEX Trading Strategies: Commodity Tips

Agri Commodity turnover is over today. Due to the decline in the international market, the domestic soybean market also came under pressure. NCDEX soybean slight edge is closed. The declining trend in soya oil and mustard making day. Soy oil fell 0.75 per cent to 0.5 per cent and mustard. MCX CPO 1 per cent decline in. Although Chana futures gained strongly today. Rose 1.5 per cent on NCDEX Chana. Last week, after declining strongly in sugar futures seen shopping at lower levels. NCDEX sugar was 0.75 percent stronger. The spot market price of sugar has increased. Season as well as new market since the beginning of the first day of trading in wheat futures remained under pressure. NCDEX wheat lost 1.5 percent. New cotton futures on NCDEX launched, which will allow direct delivery. Also on NCDEX potato futures was launched. There was mild weakness in MCX cardamom spices Swung around 3 per cent on NCDEX turmeric. Cumin showing the pressure. Cayenne pepper is also idling. However, black pepper 1 per cent decline in. 

Commodity Tips:

NCDEX coriander (April futures): Buy - 6880-6900, stoploss - 6800, Target - 7050
Armseed NCDEX (April futures): Sell - 3440-3450, stoploss - 3490, Target - 3380

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