Showing posts with label Commodity tips. Show all posts
Showing posts with label Commodity tips. Show all posts

Thursday, 2 July 2015

FRESH SELLING SEEN IN JEERA, OPEN INTEREST UP BY 8.76%

 Agri Commodity Tips ,  Commodity free tips  , Commodity intraday tips , MCX Tips Services  , Commodity Tips
Jeera settled down by -0.31% at 16090 tracking weakness in spot demand despite amid strong export demand. Currently, the traders and stockiest are active in the spot market to serve the demand from the domestic market as exports demand dwindle on quality issues. As per third advance estimate of Gujarat State, production is expected at 1.58 lakh tonnes in 2014-15 which is 54.3 per cent lower compared to last years’ production of 3.46 lakh tonnes.
At Rajkot market estimated market supply was at 223 quintal, higher by 13 quintal as against previous day. In Unjha, a key spot market in Gujarat, jeera edged down by -8.35 rupees to end at 17000 rupee per 100 kg. Technically market is under fresh selling as market has witnessed gain in open interest by 8.76% to settled at 14046 while prices down -50 rupee, now Jeera is getting support at 15825 and below same could see a test of 15565 level, and resistance is now likely to be seen at 16335, a move above could see prices testing 16585.

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave-liable on Twitter , linkedin and facebook .Get real time advice for Agri Commodity TipsCommodity free tips  , Commodity intraday tips , MCX Tips Services  , Commodity Tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.


Friday, 13 February 2015

DAILY MCX NEWSLATTERS -13 FEB 2015

stock market , Commodity tips, comex , stock trading tips , Currency/Forex, Mcx gold , MCX Silver, Copper, mcx crude oil tips
BASE METAL
Copper prices rose on Thursday, as investors cheered reports of a cease-fire agreement between Russia and Ukraine. Russian President Vladimir Putin confirmed that acease fire deal with Ukraine starting February 15 had been reached, following months of violence. The U.S.dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, went down. A weaker dollar boosts demand for base metals as an alternative investment and makes dollar-priced commodities cheaper for holders of other currencies. Market sentiment remained subdued after talks between Greece and European Union officials ended without an agreement, though both sides said there was still hope for a deal. Further talks are due to beheld next Monday.
CS COPPER (FEBRUARY) OVERVIEW:
TREND MIXED TO BULLISH
RESIST 2: 365|| RESIST 1: 361
SUP 1: 352.50||SUP 2: 347.50
STRATEGY: BUY ON DIPS
BULLION
GOLD moved higher in COMEX on Thursday on a weaker dollar and data showing the U.S. economic recovery remains fragile. The dollar eased against a basket of international currencies, giving gold prices a boost. Gold advanced further after two reports showed the U.S. continues to encounter potholes on the road to recovery. In a worrisome signal of weak consumers pending, January retail sales fell 0.8%. In addition, initial jobless claims, a measure of layoffs, rose by 25K to a seasonally adjusted 304K in the weekended Feb. 7. Investors also continue to watch Greece and Ukraine. Eurozone officials are wrangling over Greece's debt problems, while Ukraine peace talks yielded a cease-fire deal with Russia-backed separatists.
CS GOLD (APRIL) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:26900||RESIST 1:26710
SUP1:26425||SUP2:26320
STRATEGY: SELL ON RISE
CS SILVER (MARCH) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:37950||RESIST 1:37650
SUP1: 36925|| SUP2:36620
STRATEGY: SELL ON RISE
ENERGY
CRUDE OIL futures climbed on Thursday, arresting a two-session losing streak, as industry spending cuts and a weaker dollar spurred buying. The chief executive of Shell said supply might not be able to keep up with growing demand after oil companies slashed budgets following a near-halving of oil prices since June. U.S. crude reached $51.41 on Thursday before paring gains after oil services firm Gens cape reported a large build at the Cushing, Oklahoma, storage hub and delivery point for the U.S. crude contract. Traders pointed to a weaker dollar as boosting buying on Thursday, as the drop made dollar-priced commodities such as oil cheaper. Natural gas futures extended losses on Thursday, after data showed that U.S. natural gas supplies fell less than forecast last week, underlining concerns over weak demand.
CS CRUDE (FEBRUARY) OVERVIEW:    
TREND MIXED TO BULLISH
RESIST 2:3270||RESIST 1:3220
SUP1:3100||SUP2:3030
STRATEGY: BUY ON DIPS
CS NATURAL GAS (FEBRUARY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:185||RESIST 1:177
SUP1:164||SUP2:159
STRATEGY: SELL ON RISE
Get real time advice for Stock Market, Forex, Comex, Stock trading tips, Forex,Commodity like gold, silver, copper, crude trading tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com & Call at 0731-6790000, 6669900.

Monday, 2 February 2015

AGRI COMMODITY MARKET REPORT & LEVELS FOR - 03 FEB 2015

Agri Commodity Tips , free agri calls, NCDEX chana, NCDEX Dhaniya, NCDEX soyabean, NCDEX TurmericNCDEX Turmeric April futures traded on a positive note on Monday . Turmeric spice surged by 0.87% to 8098 level on Monday(5.00pm) at NCDEX . Lack of strong demand amidst higher arrivals in the mandis kept trend weak for Turmeric.However with demand likely to rise in coming weeks at these lower levels, it could support the falling rates to some extent.
CS TURMERIC (APRIL) LEVELS
TREND  MIXED TO BEARISH
RESIST 2:8280 || RESIST 1:8175            
SUP1:7970 || SUP2:7860
STRATEGY: SELL ON RISE

The NCDEX Soyabean February futures incesed by 1.17% in the last trading to close at 3445 level till Monday closing.Clear skies and improved domestic demand lent support to the market sentiments after the recent fall in rates. However bearishness in International markets prevented strong uptrend.Higher projections for global production could however keep a tap on the rising rates.
CS SOYABEAN (FEBRUARY) LEVELS
TREND  BULLISH
RESIST 2:3495 || RESIST 1:3470
SUP1:3405 || SUP2:3360
STRATEGY: BUY ON DIPS

NCDEX Chana futures traded on a consolidate note on increased demand on Monday. Chana February contract gained 0.00% to 3503 levels on Monday(5.00PM). recovery could be noted for Chana as rains in the growing states continued to pressurize market sentiments. Rains in growing areas in Rajasthan, MP and UP are reportedly beneficial for the standing crop.
CS CHANA  (FEBRUARY) LEVELS                      
TREND  MIXED TO BULLISH
RESIST 2:3555 || RESIST 1:3505
SUP1:3480 || SUP2:3455
STRATEGY: BUY ON DIPS

The NCDEX Dhaniya April futures eased by -2.64% in the last trading to close at 7626 level on Monday. Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market. Dhaniya is common in South Asian Middle Eastern Central Asian Mediterranean Indian Tex-Mex Latin American Portuguese Chinese African and Scandinavian.
CS DHANIYA (APRIL) LEVELS
TREND   MIXED TO BEARISH
RESIST 2:7970 || RESIST 1: 7815             
SUP1:7560 || SUP2:7455
STRATEGY: SELL ON RISE

Capitalstars Financial research is one place that would help  you achieve all your targets. Visit our Site  http://www.capitalstars.com For 2 Days Free Trail On Free Agri Calls ,Agri Commodity Tips ,Commodity Trading Tips ,Ncdex tips indore ,Commodity Tips ,NCDEX Turmeric ,NCDEX Dhaniya, NCDEX Soyabean ,NCDEX Chana  or Call at 0731-6790000,6669900.

Saturday, 31 January 2015

CAPITALSTARS RESEARCH VIEW ON COMMODITY MARKET- 02 FEB TO 07 FEB 2015


02ND FEBRUARY TO 07TH FEBRUARY 2015
A VERY GOOD EVENING TO ALL INVESTORS & CLIENTS...
I AM HERE TO GIVE THE FORECAST OF COMMODITY MARKET IN THE COMING WEEK i.e. 02ND JAN TO 07TH JAN 2015.....
PRECIOUS METALS:-
IN THE WEEK WE HAVE SEEN GOOD VOLATILITY IN THE PRECIOUS METALS. BOTH GOLD & SILVER HAS SHOWN VOLATILE MOVEMENT UNDER THE IMPACT OF INTERNATIONAL MARKETS EVENTS. IN THE COMING WEEK, PRECIOUS METALS ARE EXPECTED TO REMAIN VOLATILE.

GOLD APRIL CONTRACT IS WELL SUPPORTED BY THE FUNDAMENTAL REASONS. U.S.DATA CAME MIXED THIS WEEK & U.S. FEDERAL RESERVE SAID THAT INTEREST RATES WILL REMAIN UNCHANGED TILL JUNE 2015. GOLD FEB CONTRACT CAN MOVE UPWARD TO THE LEVELS OF 28200-28250 & THEN 28550 TO 28700 LEVELS BREAKING RESISTANCES OF 28300 & 28600 LEVELS.
SUPPORTS ARE AT 27250-27200 & 26850 LEVELS.
COMEX MARKET SUPPORTS ARE AT 1258 OUNCE & 1232 OUNCE & RESISTANCE ARE AT 1305 OUNCE & 1323 OUNCE.
SILVER MARCH CONTRACT SHOWN BEARISH MOVEMENT AFTER FED ANNOUNCEMENT OF KEEPING INTEREST RATE UNCHANGED TILL JUNE 2015. & MADE FRESH LOW OF 37166 LEVELS. IT IS EXPECTED TO REMAIN BEARISH & CAN FALL FURTHER TO 37200 & 36800 LEVELS BREAKING SUPPORTS OF 37350 & 36850 LEVELS.
RESISTANCES ARE AT 38850-38950 & 39500 LEVELS.
COMEX MARKET SUPPORTS ARE AT 16.53 CENT & 15.82CENT & RESISTANCE ARE AT 18.15 CENT & 19.06 CENT.
BASE METAL SEGMENT:-
IN THIS WEEK WE HAVE SEEN VOLATILE MOVEMENT IN THE BASE METALS SEGMENT, PARTICULARLY COPPER FEB CONTRACT FALL AROUND 0.44%. COPPER FEB CONTRACT HAS MADE LOW OF 332.80 LEVELS.
IN THE COMING WEEK, WE COULD SEE SOME RECOVERY IN COPPER PRICE & IT CAN MOVE UP TO 347 TO 350 LEVELS ON UPSIDE. COPPER FEB CONTRACT HAVE GOOD SUPPORT AT 336 & 332 LEVELS. RESISTANCES ARE AT 349-351 & 356-358 LEVELS.
COMEX MARKET SUPPORTS ARE AT 2.42 MT & 2.35 MT & RESISTANCE ARE AT 2.56 MT & 2.62 MT.
ENERGY SEGMENT:-
CRUDE OIL FEB CONTRACT TRADED ON LOWEST LEVEL IN ALMOST 6 YRS WITH U.S. DoE INVENTORY NO. CONTINUING TO DISAPPOINT. CRUDE STOCKPILES EXPANDED TO MOST IN MORE THAN 3 DECADES. AMONGST THE CUES FROM OTHER SIDE OF THE WORLD, SAUDI ARABIA THE WORLD’S LARGEST PRODUCER IS SEEN CONTINUING ITS OUTPUT HIGH. OPEC ALSO COLNTINUE TO RESIST CALLLS FOR CUTTING OUTPUT.
IN COMING WEEK, WE COULD SEE RANGE BOUND MOVEMENT IN THE OIL PRICE. OVERALL, CRUDE OIL IS EXPECTED TO REMAIN BEARISH TILL IT IS TRADING BELOW 3100 LEVELS & SELL ON RISE IS SUGGESTED ON UPWARD MOVEMENT. CRUDE OIL FEB CONTRACT HAVING RESIATANCES AT 2900 & 2970 SUPPORTS ARE AT 2760 & 2670 LEVELS.
IN NYMEX MARKET, CRUDE OIL HAVING SUPPORTS AT 44.73 BARREL & 41.78 BARREL. RESISTANCES ARE AT 49.48 & 51.28 BARREL.
MARKET HAS WITNESSED CRUCIAL DOWNWARD MOVEMENTS IN NATURAL GAS THIS WEEK. IN THE COMING WEEK TOO, NATURAL GAS FEB CONTRACT IS EXPECTED TO REMIN IN BEARISH PHASE & CAN COME DOWN TO 160-158 & 153 LEVELS ON BREACHING SUPPORTS OF 162 & 156 LEVELS TECHNICALLY. FUNDAMENTALLY, MORE THAN 48 STATES OF U.S. IS EXPERENCING MILD TO WARMER TEMPERATURE & PLENTYFULL SUPPLIES IN DECEMBER & IT WILL EXPECTED TO BE CONTINUE IN COMING WEEK TOO.   
IN NYMEX MARKET, NATURAL GAS HAVING SUPPORTS AT 2.48 & 2.34 MMBTU. RESISTANCES ARE AT 2.88 & 3.14 MMBTU.



Friday, 7 November 2014

Chana Futures May Trade on Positive Note

Chana futures are expected to trade on a positive note today. Good demand,increased MSP, and declining arrival pressure may continue to lend support to the prices.

 Commodities report on agricultural commodities

Chana:-

Chana futures traded on a mixed note on Wednesday. Prices opened lower on profit taking. However, prices recovered from lower levels towards the end of the session on good demand and settled unchanged. Prices have gained over the last few days on slow start to the rabi pulses sowing. However, ample supplies of chana, imports of yellow peas and arrival pressure of kharif pulses capped sharp upside movement in the prices. The CCEA has set MSP for 2014-15 at Rs. 3175/qtl from Rs. 3100 last year Prices have declined over the last few months on sluggish demand in the physical markets coupled with record chana output in 2013-14. According to the Ministry of Agriculture, sowing of rabi pulses as on 31st October stands at 7.84 lakh ha as against 6.66 lakh ha last year. Sowing of kharif pulses stood at 10.23 mn ha as against 10.91 mn ha last year. CCEA increased the MSP of tur and urad by Rs.50 to Rs.4,350 each, while the MSP of moong was increased by Rs.100 to Rs.4,600/qtl. The 4th Advance Estimates pegged total pulses output for 2013-14 at 19.27 mn tn, up from 18.34 mn tn earlier. 1st advance estimates have pegged kharif pulses output at 5.2 mn tn, down from 6.02 mn tn last year.Total area covered under Rabi Pulses 2013-14 stood at 161.9 lakh ha as against 152.65 lakh ha last year. Chana sowing stood at 10.21 mn ha compared to 9.51 mn ha in the previous year. 

Demand supply scenario:-

Supplies of Chana since past two year have been ample as the country reaped bumper Chana output in 2012-13 season. For 2013-14 too, the government in their fourth advance estimates has projected record output of at 9.88 mn tonnes in the Rabi season. Chana would however, continue to retain the tag of largest produced pulse crop in India holding a lion’s share of 48-50 percent in total Indian Pulses production. According to India Pulses and Grains Association, Apr-Dec’13 stood at import 2.4 mn tn vs 2.8 mn tn last year. In value terms, India imported $2.3 billion of pulses in 2012-13, almost 28% higher over $1.85 billion in the preceding year. However, imports in 2013-14 season may decline 11% to 3.2 mn tn on expectations of higher output. According to APEDA, Pulses exports from India between Apr-June ’14 declined 20% to 77,430 tn as against 96,933 tn between Apr-June ’13.