Browse »
Home »
Posts filed under commodity report
Overall trend for gold is bullish for medium-long term. Today Gold has touch the level of 28,420 and looking stronger for short term positions. The trend is supported with good volume. The open interest is increases with the trend. The oscillator showing BUY signal for short term.
Currently Gold is trading with its higher position so buy above 28410 with a stioploss of 28200.
As the commodity market fluctuating in last some trading sessions, it is not a good time to get into the market. Where MCX gold hits 29300 in these period, which was the highest of it but it had fallen down in very next session. The reason may be the Ruppe satteled lower of last 32 months against the Dollar. This will impact the commodity market also.
Bullion Technical and Fundamental report and analysis Subscribe on Mobile or On e-mail - Click Here
Gold down 1 pct on euro zone debt fears.
Oil fell from a five-month high on signs europe crisis spreading.
London copper down on euro zone c.bank spat.
Indian spices complex trade bearish.
| COMMODITY | EXCHANGE | CLOSING PRICE | % CHANGE |
| JEERA | NCDEX | 13670 | -0.94 |
| PEPPER | NCDEX | 34890 | 0.45 |
| TURMERIC | NCDEX | 4770 | -1.04 |
| GUARSEED | NCDEX | 4307 | -0.28 |
| GUARGUM | NCDEX | 13765 | -1.18 |
| CHANA | NCDEX | 3566 | -0.14 |
| SOYBEAN | NCDEX | 2243 | 0.54 |
| SOY OIL REFINED | NCDEX | 640.5 | 1.14 |
| MUSTARD SEED | NCDEX | 3152 | -0.1 |
| COTTONSEED OILCAKE | NCDEX | 1189 | -0.08 |
| GUR | NCDEX | 1009.5 | -0.2 |
| POTATO | NCDEX | 622.1 | -1.35 |
| MENTHA OIL | MCX | 1334 | -0.33 |
| CARDAMOM | MCX | 651.1 | 0.62 |
MCX Gold December contract was trading at Rs 28896.00 down Rs 100.00, or 0.34%. It touched an intraday high of Rs 28970.00 and an intraday low of Rs 28860.00. Gold prices gained 19 percent in the September quarter, and extended gains to hit a record of 29,212 rupees in November. The third quarter of 2011 has seen some difficult times for gold not just in India but around the world. Along with these India's jewellery demand fell 26 percent to 125.3 tonnes during the quarter, while investment demand fell 18 percent to 78 tonnes.
We hope that the gold will again get its new position.
GOLD DOWN 1 PCT ON EURO ZONE DEBT FEARS.
CRUDE SLIPS AS EUROPE DEBT WORRIES EYED.
COPPER DOWN; EURO ZONE WORRIES, EQUITIES WEIGH.DOMESTIC OIL AND OILSEED TRADE UP.
NCDEX Commodity Table
| COMMODITY | EXCHANGE | CLOSING PRICE | % CHANGE |
JEERA | NCDEX | 13670 | -0.94 |
PEPPER | NCDEX | 34890 | 0.45 |
TURMERIC | NCDEX | 4770 | -1.04 |
GUARSEED | NCDEX | 4307 | -0.28 |
GUARGUM | NCDEX | 13765 | -1.18 |
CHANA | NCDEX | 3566 | -0.14 |
SOYBEAN | NCDEX | 2243 | 0.54 |
SOY OIL REFINED | NCDEX | 640.5 | 1.14 |
MUSTARD SEED | NCDEX | 3152 | -0.1 |
COTTONSEED OILCAKE | NCDEX | 1189 | -0.08 |
GUR | NCDEX | 1009.5 | -0.2 |
POTATO | NCDEX | 622.1 | -1.35 |
MENTHA OIL | MCX | 1334 | -0.33 |
CARDAMOM | MCX | 651.1 | 0.62 |
GOLD TRACKS RISK ASSETS DOWN ON EUROPE FEAR.
OIL FALLS AS ITALIAN BOND YIELDS CLIMB, ADDING TO DEBT CRISIS.
COPPER DOWN ON EURO ZONE WORRIES.
DOMESTIC OIL AND OILSEED TRADE MIXED.
| COMMODITY | EXCHANGE | CLOSING PRICE | % CHANGE |
| JEERA | NCDEX | 13810 | 0.87 |
| PEPPER | NCDEX | 34705 | -0.24 |
| TURMERIC | NCDEX | 4816 | 3.08 |
| GUARSEED | NCDEX | 4319 | 4.02 |
| GUARGUM | NCDEX | 13930 | 4 |
| CHANA | NCDEX | 3575 | 0.99 |
| SOYBEAN | NCDEX | 2229 | -0.65 |
| SOY OIL REFINED | NCDEX | 633.85 | 0.68 |
| MUSTARD SEED | NCDEX | 3155 | 0 |
| COTTONSEED OILCAKE | NCDEX | 1189 | 0.59 |
| GUR | NCDEX | 1011 | -0.3 |
| POTATO | NCDEX | 627.6 | -0.41 |
| MENTHA OIL | MCX | 1334 | 0.06 |
| CARDAMOM | MCX | 646.8 | -3.75 |
Here are Commodity Report For Today's Market-
GOLD STEADY AS ITALY, GREECE OFFER HOPE.
CRUDE BELOW $99 AS LIBYA RESTARTS OIL PRODUCTION.
COPPER UP ON EURO ZONE HOPES, JAPAN'S ECONOMY REBOUND.
INDIAN SPICES COMPLEX TRADE UP ON SHORT COVERING.
NCDEX Report For Today-
COMMODITY
| EXCHANGE
| CLOSING PRICE
| % CHANGE
|
JEERA
| NCDEX
| 13690
| 0.48
|
PEPPER
| NCDEX
| 34755
| -0.1
|
TURMERIC
| NCDEX
| 4680
| -0.3
|
GUARSEED
| NCDEX
| 4158
| 0.07
|
GUARGUM
| NCDEX
| 13410
| -0.1
|
CHANA
| NCDEX
| 3540
| 1
|
SOYBEAN
| NCDEX
| 2243
| 0.9
|
SOY OIL REFINED
| NCDEX
| 629.05
| 0.89
|
MUSTARD SEED
| NCDEX
| 3152
| 0.96
|
COTTONSEED OILCAKE
| NCDEX
| 1187
| -0.84
|
GUR
| NCDEX
| 1012
| -0.44
|
POTATO
| NCDEX
| 629.8
| 0.1
|
MENTHA OIL
| MCX
| 1334.7
| 1.47
|
CARDAMOM
| MCX
| 673.9
| 4
|
MCX Gold is going to make new heights now it is trading it's high. In Last trading session it has touch 29000 levels. The Euro Financial problem are getting more complex and as the prices traded higher in gold, as stabilising political conditions in Europe and a weaker US dollar index underpinned the complete commodity complex. According to our analyst report gold may touch the level of 30000 in this month end.
For intraday trading in MCX Gold-
Buy at Rs 29,000, Target: Rs 29,250, Stop Loss: Rs 28,800
In MCX Silver-
Buy at Rs 57,900, Target: Rs 58,340, Stop Loss: Rs 57,800.
Gold settled lower after rising more than 1 percent in the previous session, but prices held near their highest in six weeks due to Indian festival session and may be the uncertainty surrounding the euro zone debt crisis and the prospect of a Greek exit from the euro. Spot Gold is currently trading at $1760. MCX Gold Dec is currently at Rs.27950, it is trading down. Comex Silver is currently trading at $34.50 whereas MCX Silver Dec is currently trading at Rs.56706, it is trading down.
Oil traded near a three-month high in New York as signs that Europe will reach an agreement with Greece on its debt reduced concern that faltering global economic growth will limit fuel demand. WTI Crude Oil is currently trading at $93.85 per barrel. MCX Crude Oil November is currently trading at Rs.4617, it is trading up by Rs.8 for the day.
.
suppliers
Directory
Free Web Directory - Add Your Link
