Today Commodity Market Updates |Mcx and Ncdex Calls

On 11^th April Commodity Mcx market whole day looks bearish side, and all base metals, Gold and Silver all are traded at negative side. So in other word or in short we can say, today commodity market trend is in earth side.

Today Commodity Market seeing very unpredictable side, whole day all base metals in Mcx Market and both precious Metals moves down and Mid of the day only Mentha oil stands with optimistic position. Gold and silver both stay with pessimistic side and traded in negative side in Commodity Mcx Market. We can say today Mcx market situation is in high alert, because all commodity face down price position.

Commodities in Ncdex market is seasonal, we all know wedding season is come and some commodities are in demand now and traded very well. Turmeric is in bullish side and in all contracts lead good but Chana and chili both are traded in bearish side and walk at red carpet in National Commodity derivative Exchange.

Mcx and Ncdex Calls:

Sell Cotton below 19000 Targets 18990, 18985, 18970 Stop Loss 19020

Sell Chana below 3540 Targets 3510, 3480, 3450 Stop loss 3590

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JAN 7, 2013- NCDEX SPICE COMMODITY NEWS UPDATES

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In the ncdex market news, the barley commodity all future contracts are trading in profit with a slight change in their prices. All future contracts of barley commodity had growth of 12 to 26.50 points. Caster seed, Chana and Chilli commodity prices are also up in the market and trading in profit and help to make trader’s profit. 

Coriander future contracts are also trading in profit and made enough money and Jeera future contracts prices are also up in the market and show profit. All the way, today the spices segments of market as ncdex are in profit and made moments in the market. the coriander and chilli future contracts are the top gainers of today.

TIPS FOR NCDEX TRADERS
BUY BARLEY 18 JAN @ 1339 TGT 1345, 1348, 1352 
BUY BARLEY 20 MAY @ 1473 TGT 1476, 1480,1485 
BUY CHANA 20 JUN @ 3710 TGT 3720, 3735, 3750 
BUY TURMERIC 20 MAY @ 7000 TGT 7030, 7060, 7100

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NCDEX SPICES MARKET OUTLOOK

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In the spices commodities, NCDEX Turmeric commodity is trading in loss in each future contract and looking RED. Turmeric Dec contact price is 5228 Rs having loss of -56 points at now. In Apr 13 contract, turmeric lost -28 points and currently trading in 5688 Rs. 

Chilli commodity is showing red in every future contract and trading in loss of money. In Dec future contract, Chilli is trading in huge loss of -102 rs and having price 5244 Rs and Apr contract is trading in loss of 82 points now. Chilli prices are in down trend but they will move towards profit and gain prices. 

In jeera commodity, all contracts lot prices is RED and showing slowdown in the market. In dec future contract, jeera commodity had made more loss than the other contracts with rate of 1.89% and made loss of -280 Rs. Jeera is going down and will have more loss today in their prices. 

In coriander commodity future contracts, the prices are having loss and profit today. Coriander Dec, Apr and May future contracts is trading in profit and May contract made profit more than the others while jan 13 contracts price is having loss of -7 points only.

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