Thursday, April 9, 2015

Free MCX NCDEX Tips and Trend Today (9-April-2015)

MCX Commodity Trend Today
MCX Cardamom May is trading low today with bearish trend. While trading below 913, expect to see lower correction towards 860/840 levels.
MCX Menthaoil April is trading low today with bearish trend. If prices break the support of 885 could see downside correction towards 878/860 levels.
MCX CPO April is trading low today with bearish trend. As prices unable to trade above 444, expect to see lower correction towards 435 levels.

NCDEX Trend Today
Mustard seed prices ended higher by 1.25 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for April 2015 contract ended at Rs. 3,572 per quintal, upward by 1.25 %, after opening at Rs. 3,522 against the last ending price of Rs. 3,528. It touched the intra-day high of Rs. 3,604.
Chana prices ended higher 2.51 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,881 per quintal, upward by 2.51 %, after opening at Rs. 3,790 against the last ending price of Rs. 3,786. It touched the intra-day high of Rs. 3,908.
Jeera prices ended higher by 3.97 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for April 2015 contract ended at Rs. 16,365/quintal, upward by 3.97 %, after opening at Rs. 15,600 against the last ending price of Rs. 15,740. It touched the intra-day high of Rs. 16,365.

NCDEX Commodity Tips Today
NCDEX Castorseed April is trading low today with bearish trend. While trading below 3650, expect to see downfall towards 3600 levels.
NCDEX RMseed April is trading high today with bullish trend, Sentiments majorly positive and expect to see upside rallies towards 3580/3620 levels.
NCDEX Soy oil April is trading high today with bullish trend, While trading abobe 594, expect to see strong rallies towards 609/612 levels.
NCDEX Cocudakl April is trading high today with bullish trend, As prices trades above 1710, expect to see strong rallies towards 1750/1770/1790 levels.
NCDEX Turmeric April is trading high today with bullish trend, If prices breaks above 7970, could see bounce back rallies towards 8100 levels.
 

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