Showing posts with label NCDEX. Show all posts
Showing posts with label NCDEX. Show all posts

Wednesday, 19 November 2014

Agri-commodity futures trade mixed; Coriander up, Turmeric down

Agri-commodity prices are trading mixed in domestic futures market on Wednesday. NCDEX Dhaniya, an index of 10 most liquid commodity futures declined 0.09% to trade at 2,589.41 .

Coriander futures gained the most with the rise of 3.45%, followed by GUAR SEED 2 MT (2.99%), Cotton Seed Oil cake (0.6%), Guar Seed 10 MT (0.29%) and Guar Gum (0.29%) at the National Commodity and Derivatives Exchange (NCDEX).
Corinder Up:-
Expiry date :- 19/12/2014, LTP in (Rs. ) :- 13195,chg in (Rs.) 440 ,% chg (3.45)

Turmeric futures dropped with the fall of 1.13% followed by Sugar M Grade (0.72%), Castor Seed (0.67%), Castor Seed 1 MT (0.63%), Soy Bean (0.6%) and Maize - Feed/Industrial Grade (0.58%) at the NCDEX.
Turmeric Down:-
Expiry date :-19/12/2014,  LTP in (Rs. ) :- 6284,chg in (Rs.)-72,% chg :-(-1.13)

Tuesday, 18 November 2014

Chana slides 0.38% on adequate supply

Chana Futures, Chana NCDEX, Chana Trade, Future Trade, NCDEX,Delivery calls
NCDEX CHANA Tread :- Sideway
Outlook turn bearish  for NCDEX chana Trade

PIVOT POINT :- 3164,S1-3133 ,R1:-3185

Chana prices were down by 0.38 per cent to Rs 3,171 per quintal in futures trade today as speculators trimmed positions, driven by increased supplies from producing regions in spot market against subdued demand.

At the National Commodity and Derivative Exchange, chana for delivery in November fell by Rs 12, or 0.38 per cent to Rs 3,171 per quintal with an open interest of 53,480 lots.

The December contract declined by Rs 10, or 0.32 per cent to Rs 3,144 per quintal in 66,450 lots.

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Call us :- 0731-6790000

Monday, 17 November 2014


Chana NCDEX(DEC 2014):-


Jeera NCDEX(DEC 2014):-

ADVICE:-Buy,Entry:-12200 ,SL:-12080,TGT1/TGT2:-12350/12550

Turmeric NCDEX(DEC 2014):-


Castor Seed NCDEX(DEC 2014):-


Corinder NCDEX(DEC 2014):-

ADVICE :-Sell, Entry 12600,SL:-12720 ,TGT1/TGT2:-12480/12360

Gaur Seed NCDEX(DEC 2014):-


Maize NCDEX(DEC 2014):- 


Sugar NCDEX(DEC 2014):- 



CALL US:-0731-6790000

Friday, 14 November 2014

Buy Kharif Maize, RM Seed

NCDEX, NCDEX Turmeric,soyabean NCDEX, Future Trading Tips
RM seed Dec NCDEX:- Prices rebounded from the low of 3842 and later closed the day at 3863 levels. If prices break the recent high of 3870 in the contract chart, expect to continue buying momentum towards 3890 followed by 3920/3960 levels. Moreover, the daily RSI seems positive. However, if prices break the immediate support of 3840, could see profit booking extending towards 3810 levels. For the day, we recommend to buy RM seed above 3870, targeting towards 3920 levels.

Turmeric Dec NCDEX :- As prices broke the support of 6520, profit booking is on cards and expect to continue the same towards 6270 levels. Break below the support could see a deep correction to 6000 levels.

Soybean Dec NCDEX :- Prices need to break above 3415 for the strong upside rallies to 3470 level. Else could see profit booking.

Kharif maize Dec NCDEX :- As prices are firmly trades above 1172, sentiments could be more positive, expecting upward bias to 1200 followed by 1220 or even higher to 1250 levels.


Sugar down 0.78% on ample supply

prices fell 0.78 per cent to Rs 2,800 per quintal in futures market today as speculators trimmed positions amid higher supplies in the spot market against low demand from bulk consumers.

At the National Commodity and Derivatives Exchange, sugar for delivery in March fell by Rs 22, or 0.78 per cent, to Rs 2,800 per quintal with an open interest of 12,510 lots.

May sugar traded lower by Rs 20, or 0.69 per cent, to Rs 2,880 per quintal in 2,200 lots.

Market analysts said adequate stocks in the market on persistent supplies by mills mainly kept pressure on sugar prices at futures trade.

Thursday, 13 November 2014

Chana Prices Fall On Subdued Demand

Chana Futures, NCDEX , Delivery Calls, Future Trading Tips
chana prices fell 0.06% to Rs 3,205 per quintal in futures trade today as speculators reduced positions amidst a fall in demand in the spot market.

At the National Commodity and Derivative Exchange, chana for delivery in December declined by Rs 2, or 0.06%, to Rs 3,205 per quintal with an open interest of 67,440 lots.

Similarly, the commodity for delivery in November traded lower by Re 1, or 0.03%, to Rs 3,216 per quintal in 60,440 lots.

Market analysts said offloading of positions by speculators amid subdued demand at spot markets mainly put pressure on chana prices at futures trade here.

CALL ON :- 0731-6790000

Tuesday, 11 November 2014

Chana future to trade higher today

Agri Commodity,NCDEX,Future Trading Tips, Chana Futures

Chana future is expected to trade higher today. Good demand, increased MSP, and declining arrival pressure may continue to lend support to the prices .

Yesterday NCDEX Chana futures traded on a positive note almost 0.79% up on good demand from physical market due to starting of marriage seasons. Prices have gained over the last few days on slow start to the rabi pulses sowing.

supplies of chana, imports of yellow peas and arrival pressure of kharif pulses capped sharp upside movement in the prices. Sowing of Chana has begun but on very slow pace (on 7th Nov 2014). As per the acreage data under the crop has reached 16.15 lakh hect., Which is -32.09% lower than the same period previous year.

The CCEA has set MSP for 2014-15 at Rs. 3175/qtl from Rs. 3100 last year 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.