CRUDE OIL TIPS, CHILLI, WHEAT GRAINS, AGRI TIPS, MUSTARD OIL
PEPPER, CARDAMOM TIPS, CORIANDER TIPS, ONION UPDATES
GOLD SILVER TIPS, GET FREE TRIAL, SILVER UPDATES, GOLD PRICE
BASE METALS, OIL AND CORN TIPS, COFFEE UPDATES, MAIZE BARLEY TIPS, CASTER SEEDS
TURMERIC TIPS, RED CHILLI, BLACK PEPPER UPDATES, MARKET PRICES
The base metals are fluctuating for the future delivery, the nickel and copper showing opposite trend of each other as one is going up and other one is down. Cotton gain 0.3.8% while nickel loss 0.29% in morning trade. The cotton is used to moving very fast and changing its direction smoothly.
The precious metals silver slumps around 1146 points at 54396 against its previous close touches an intraday high 55550 and a low 54327 similarly the gold decreases by 501 points at 33149 touches an intraday high 33648 and a low 33090.
At national commodity exchange a hugh decreasing level has been in the commodities. Chilli and Guarseed are the only products who used to work in upward side. Chilli up by 30 points at 5572 having intraday high 5624 and low 5532 for September while the Jeera is dipriciating around 2.5 points.
The yellow metal goes up with a gain of 771 points at 34486 touches an intraday high 34600 likewise the same act perform by the white metal as it surge 2004 points at 59294 touches a high of 59580.
Internationally the precious metals and crude oil is rising very smoothly. India's NCDEX market is showing mixed trend as the food grains products are sometimes going up or sometimes down. Just like spicy Chilli is looking bullish for all session where its totally opposite sweet Sugar is looking bearish for different future delivery. Jeera follows the same path as of the chilli.
These whole their is a lot of fluctuation have been seen in the price of the commodities whether they base metals, precious metals or energies. Today also the base metals and the energies are trading in a downward side and all are looking in a red flag. The cotton used to maintained its positiveness and showing a green shade with a gain of 260 points.
Buy Copper Target 472.75 | 473.25 | 473.75 Stoploss 469.75
If we jump towards the base metals then their is a lot of depriciation seen in them. The most strongest metals copper and nickel slumps around 0.19 percent and 0.99 percent for the august delivery. The support and resistance level for the commodities are
A sudden change has been seen in the white metal as it change its direction from positive to negative at 10:21 am down by 272 points. The base metals are showing buying trend for future deliveries. They all are used to work in a upward way. Cotton is heavily increases with a gain of 500 points to rupees 23260.
If we taking about the energies then the crude oil price rising high by 1.64 percent for the august delivery same as the mentha oil rising by 0.63 percent. The base metals copper and nickel changing drastically as they go up above 10 points for future. Cotton used to do trade in a positive side from last 2 weeks, at 10:20 am it gain 410 points to Rs. 22300.
If we move towards the ncdex comodities, here a mixed reaction come from the products. Most of the materials like cereals, food grains etc are trying to maintained themselves but in a depriciating level. The spicy one red chilli for september and october is trading in a red zone as it drop by 10 and 12 points while the chana is moving towards the positive direction.
BUY MENTHA OIL ABOVE 839.40 TGT 843.40, 847.40, 854.40 SL 819.40
Today the white metal opened at 45999 up by 138 points but lost its grip as it turned its position from positive negative at 11:25 am by 426 points to rs. 45435. Similarly the yellow metal opened with a rise of 62 points at 28985 then got down to rupees 28743 by 180 points. Monday these metals were traded very well as the silver touched a points near around 2000 and the gold touched around 700 point.
The crude oil performed well for the future but the mentha oil looks average as it slips by 1.72 percent. The crude oil was opened with a gain of 15 points against its previous close 6415. If we talk about the natural gas then it used to follow the same path as of the crude oil. It looks greenish.
As far as base metal concern they are increasing at each and every point. Copper and nickel showing a buying trend, copper opened at 432.00 with intraday high 441.40 and low 372.00 similarly nickel opened at 865.30 with high 891.80 and low 805.40
Likewise the NCDEX commodities tends to present themselves in mixed way. The species like chilli is strongly went down for all session where jeera is ent up with a high rise in price.
On tuesday evening the mcx commodities are extremely expanding themselves with a high rise in points. All the metals serves greenish level with a positive trend. The gold was looking bearish till morning session where the another one silver maintained its position. Their is a volatile changes has been seen in natural gas, today it opened at 204.20 up 1.60 points.
Crude oil and mentha oil also follow the same path as of the precious metal. Crude oil price up by 0.25 percent with a high of 6547 and teh a low of 6530 similarly mentha oil up by 0.76 percent with a high of 887.70 and a low of 879.20
Here in multi commodity exchange gold and silver changes their phase from positive to negative and are trading in a red flag. With the precious metals other metals are also chnages their position, most of them are showing decrement levels. From the last session or from a last couple of days main source of cloths that is cotton is strongly rising up for future contract. The base metals are showing mixed nature.
CRUDE OIL AND MENTHA OIL : The energy products are showing totally opposite trend as of the precious metals. The base metals are used to follow the same trend of the gold and silver, all the metals are trying to work in a negative side.
