The total export of gems and jewellery in country has declined by 15.41% in 2011-12 to 14.28% in 2012-13. In 2012-13 total export has been reported as 28482.29 and total imports is 72421.46
Ncdex barley for may delivery trading down by 0.26% at Rs. 1338 per 100 kg at 12:09 pm. Last year barley production was 1.66 mn tons. Wheat also going down, it was trading down by 0.14% at Rs. 1473 per 100 kg.
As compared to the morning time in evening session mcx products are working in a bearish mode. All the metals and energy product are looking negative. Cotton changes its position simultaneously.
The precious metals gold and silver drop by 196 and 241 points for future delivery. Crude oil takes a high jump in a negative direction and slipped by near around 45 (0.88%) points at 5079.00
All the base metals are going in a depth. A quite marginal difference has been seen in the market, Nickel drastically changes around 13.80 points down. It takes a high of 835.80 and low of 825.40.
Sell nickel target 826.1 | 825.6 | 824.1 stop loss 830.8
Sell silver target 45143 | 45118 | 45103 stop loss 45241
Sell gold target 26954 | 26929 | 26914 27stop loss
In NMCE the rubber price for May delivery traded in a positive note. It’s support seen at 15700 and resistance at 16250 levels. Traders can buy it with target of 16250 and 16350 and stop loss of 15700.
In early trade, today rupee rose by 13 paise to 54.12 against the US dollar. Yesterday rupee gained 12 paise at 54.25. The mcx commodity market is looking bearish today.
The metals are going in a depth, the yellow metal drop by 0.410 percent to its previous close and white metal drop by 0.44 percent to Rs. 45085 with a high of 45439 and low of 45055.00
The crude oil takes a change of 15 points and mentha oil changes by 2.30 points down for future delivery. Both are working in a low note. Levels for the mentha oil are 977.3 and 965.7.
For 28 June contract copper slipped by 0.10 points at Rs. 389.10 and cotton up by 30 points or 0.22 percent for future delivery against its previous close. 18130 is its high and its low is 18080.
In the international market gold, brent oil, silver, natural gas, soyabean oil are looking in a red sign while US wheat, cotton, coffee, London sugar are going up.
Gold sell tgt 27025/27010/26995 sl 27135
Silver sell tgt 45032/45007/44992 sl 45179
The overall trend for future turmeric is looking positive range bound between 6200-6750. Its production is expected around 12 lakh bags. The Soyabean is also looking positive support at 3850and resistance at 4090 level.
In year 2012-13 the production of pulses is rise around 17.58 million tons in India. Pulses area risen to 148.13 lakh in 2012-13 as compared to 2011-12. Today a fall of 0.2 percent noted in chana at 12:04 pm. Traders are advised to sell it between 3530-3550.
At national commodity and derivative exchange Sugar gain 0.41% to Rs. 2933, trading in a positive side. According to Indian sugar Mills Association 24.6 mn tonne of sugar produced in country in 2012-13. Buy it around 2930 with stop loss of 2880 and target 3000.
In early morning session gold was looking bullish but as the time passes it slow down and drop by 17 points at 27172.00 while the silver maintain its position and still looking positive for future contract.
The base metal copper and nickel surge 2.220 and 2.70 points against their previous close. Lead, Zinc and Aluminum are going down as it was seen in the early trade.
Buy
Silver above 45215 trgt 45250 | 45275 | 45290 stp ls 45135
Copper above 100.30 trgt 101.8 | 103.3 | 103.8 stp ls 96.3
Sell
Lead below 109.40 trgt 108.9 | 108.4 | 107.9 stp ls 112.4
Zinc below 967.00 trgt 966.5 | 966 | 965.5 stp ls 970
CLICK ON THE IMAGE AND GET MORE CALLS NOW
Monday, commodity market opens with a high good note. The most important precious metals are going up. The yellow metal surge 18 points while the white metal rose by 0.40% at 45211.00
The base metal changes their position simultaneously. The energy products are showing both the trend. The crude oil and menthe oil looking opposite to each other if one is up then the other one looks down.
For April delivery Zinc, lead, Aluminum, Nickel and Copper all are slipped by near about 0.55 to 2 points against their previous close. Natural gas rose by 1.40 points at Rs. 232.00
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As the festive season is going on the demand for the cloths is increasing. Therefore, the Cotton for future contract gains 0.39 percent with a high of 18020.00 and low of 17910.00 having open interest 0.94% down.
If we talk about the ncdex market then in these Barley, Chilli, Coriander, Gur, Mustard seed and Kapas are working up and Caster seed, Chana, Jeera, Maize and Potato are going down.
SILVER
STATUS BUY
TARGET 45246/45271/45286
STOP LOSS 45131
CRUDE OIL
STATUS SELL
TARGET 50337/5031/5025
STOP LOSS 5060
GOLD
STATUS BUY
TARGET 27222/27242/2757
STOP LOSS 27137
On the last trading day of the week the commodity market is looking bullish in early trade. Gold and silver are trading in a positive note. Silver surge 137 points and gold surge 87 points.
This whole week a lots of fluctuations has been seen in the commodity products. The precious metal changes their position simultaneously and the base metal showed the same as precious metal.
The energy products crude oil is going down while natural gas and mentha oil going high. Natural gas for future delivery rose by 3.30 points. It’s support and resistance level are 228 and 232.
There is no change has been occurred in the base metal lead and zinc. Cotton is also working higher at 17830 up 0.28 percent, 17890 is its high and low is 17780.
GAINERS : Natural gas (1.54%), Mentha oil (1.05%), Brent Crude oil (0.71%), Cardamom (0.87%), Silver (0.62%), Gold (0.53%), Cotton (0.38%)
LOSERS : Potato (1.21%), Crude oil (0.16%), Zinc (0.05%), Alumini (0.10%)
SILVER BUY ABOVE 44951 TARGET 44986/45011/45026 STOP LOSS 44861
GOLD BUY ABOVE 27144 TARGET 27174/27194/27204 STOP LOSS 27064
CRUDE OIL SELL BELOW 5070 TARGET 5067/5063/50528 STOP LOSS 5082
In the morning time gold and silver both look bullish but as the time passes the gold maintained the place and silver declined by 129 points at 45045.00 for future.
The base metals are showing the same nature. They all seems bearish from the early trade. At 4pm copper decreases at 385.65 down 0.84%.
At national commodity and derivative exchange the mustard seed and soya oil is looking positive and chilli seems negative support by 6180 level.
Sell silver tg 45071 | 45046 | 45031 sl 45180
Buy gold tg 27184 | 27204 | 27214 sl 27076
Sell nickel tg 832.7 | 832.2 | 831.7 sl 835.8
Buy crude oil tg 5068 | 5071 | 5077 sl 5053
Sell zinc tg 102.1 | 101.6 | 101.1 sl 104.6
FOR FREE TRIALS GET REGISTERED YOURSELF BY CLICKING ON THE GIVEN IMAGE
Friday morning the commodity product changes their status simultaneously. Some of the metals are moving upwards where some are going downward.
The precious metals are looking bullish today.
Gold surge 144 points at 27185.00 for June delivery. The white metal (May) up by 0.25% to Rs. 45288.00 and takes a high of 45447.00 and low of 455166 in early trading.
Yesterday the menthe oil was down and crude oil was up but today totally opposite scene has been seen between these two products. For future crude oil open with no change in its price and menthe oil open with a gain of 4 points against its previous close.
Wheat at ncdex looking negative as well as it looks same in international market. Its open interest is change with trend. The positional support for product is 1454 and resistance is 1509.
Gainers and Losers
Ncdex
UP : Barley, Caster seed, Chana, Chilli, Gur, Coriander, Kapas, Mustard seed, Pepper, potato, Soya bean
DOWN : Jeera, maize, sugar, Wheat
Mcx
UP : Gold, Silver, Mentha oil ,Cotton
DOWN : Natural gas, Aluminum, Copper, Nickel, Zinc, Lead, Crude oil
BUY
Gold above 27177 Trgt 27212/27237/27252 Stp Ls 27097
Mentha oil above 966.20 Trgt 971.2/976.2/981.2 Stp Ls 948.2
SELL
Lead below 111.20 Trgt 110.7/110.2/109.7 Stp Ls 114.2
Wheat 1451.5 Trgt 1460/1455/1450 Stp Ls 1500
On India’s ncdex sugar is going negative for May delivery. The contract is fall of 0.48% at Rs. 2920. Support for product is likely to be at 2880and resistance at 2970 level.
In multi commodity exchange the
Copper is working in a positive note and is expected to remain in the same position whole day. It may not move upward until it breaks the level of 385.
In London price gold for immediate delivery is at $10. The demand for gold is surge in country as the wedding season is going on with this the second biggest gold buying festival after Dhanteras i.e. Akshya Tritya is coming.
The silver moved up by 617 points to Rs. 46509 per kg for May delivery. It takes a high of 43959 and low of 42895 with a volume of 19138. The rupee also climbed today against the US dollar.
Gainers
|
Gold
|
Silver
|
Crude oil
|
Aluminum
|
Copper
|
Change (%)
|
1.19
|
1.49
|
0.38
|
0.44
|
0.86
|
Losers
|
Natural
gas
|
Mentha
oil
|
Cotton
|
Nickel
|
Kapas
|
Change (%)
|
0.04
|
2.52
|
1.52
|
0.36
|
1.25
|
Sell chana tg 3500 | 3490 | 3480 sl 3600
Buy lead tg 110.75 | 111.25 | 111.55 sl 107.45
Sell menthe oil tg 950.5 | 945.5 | 940.5 sl 973.1
Buy crude oil tg 4988 | 4994 | 5001 sl 4967
The industrial demand of silver coin is increasing in China as well as in India. Investors are also showing their interest in coins and medals of silver. A 4% gain in silver industrial demand has been recorded in India (2011).
Oil price rose in Asian market today more than expectations. In morning trade the Brent North Seed crude increased by 32 cents to USD 102.05. MCX crude oil surge 23 points at 4985 for May delivery.
The yellow metal gold starts recovering its condition. It takes a high of $144671 in earlier session. More upward movement will see if it breaks the price $1447-$1450 level.
Ncdex Jeera and turmeric are looking bearish. The support and resistance for jeera nad turmeric are :
Jeera R1 : 13362 S1 : 12838
Turmeric R1 : 6592.3 S1 : 6453.8
Pepper is looking sideway for May contract. It ranges between 35440 to 35135. The 35053 and 35358 are its levels. Traders are advice to sell it with the target 34700 and stop loss 35800.
Silver buy above 43283
Trgt : 43313/43338/43358
Stp ls : 43133
Gold buy above 26607
Trgt : 26637/26657/26672
Stp ls 26507
The precious metals a very important role for the decrement of the economic rate of China. It’s import were down by 25% to 195.98 tonnes and export rose by 44% to 109.9 tonnes. Similarly the platinum import down by 6% this year and palladium import rose by 24%.
Indian market closed today. Yesterday the metals worked in a very worst condition. Silver closed at 42814 down by 873 points and gold closed at 26164 dropped by199 points.
The base metals for future delivery showed both the sign green and red. Some has gone higher and some lower. So, a mixed reaction occure in the commodities.
Due to Indonesia’s export restriction a sharp fall has been seen from the mid 2012. China’s bauxite imports fell by 12 percent since March and the more volatile metal Aluminia fell by 55 percent.
In the global trading the crude oil price rose above $100 per barrel today.
Crude oil for June delivery also on NYMEX was also up 0.56% at $89.67 per barrel. The American Petroleum Institute reported that the last week US crude declined 845000 barrels.
FUTURE TRADING TIPS
SELL : GOLD, SILVER
BUY : CRUDE OIL, ALUMINUM
An unexpected turn has been seen in the market. In multi commodity exchange the future precious metal silver crashes sharply by 2.69 percent. In Singapore, it was traded at 3.33 percent lower.
Today in national capital the price of Jeera and Coriander decline by 100 rupees per quintal. Coriander fell at Rs. 7400-9400 per quintal and Jeera to Rs. 12700-13200 per quintal.
All the products slipped simultaneously.
From the noon time the commodity market showing RED sign. Base metals drop by near about 1 to 6 points and crude oil by 15 points.
Up : Kapas, Natural gas
Down : Gold, Silver, Copper, Nickel, Lead, Zinc, Mentha oil, Crude oil, Cotton.
GOLD
Status = sell
Trgt = 26223 | 26198 | 26183
Stp ls = 26305
SILVER
Status = sell
Trgt = 42580 | 42550 | 42530
Stp ls = 42770
MCX Commodities are looking bearish today. The precious yellow metal is going higher at 26396.00 with a high of 33517 and low of 25352.00
Silver for 4 May delivery is again working in negative mode. It drop by 0.63 percent against its previous close. The Support for silver is 42240 and resistance is 47770.
Due to rising inventories the HSBC makes a little change in fundamental market. The Bank cut its aluminum price forecast to $2100 per tonne, nickel to $17110 per tonne, zinc to $2112 per tonne.
In international market oil price decreases, June Brent crude dropped by 34 cents to $100.05 a barrel and US crude down by 40 cents to $88.79 a barrel. For middle east it is very tough to maintain the economy as the brent fallen below $100.
MCX CALL
Silver sell below 43230
Target 43195, 43170, 43155 Stop loss 43430
Crude oil sell below 4821
Target 4817, 4812, 4806 Stop loss 4837
NCDEX CALL
Maize buy above 1170
Target 1200, 1205, 1210 Stop loss 1140
Chana sell below 3550
Target 3500, 3490, 3480 Stop loss 3590
Fore more click on the image
As the earth quake was occurred in China on Saturday evening the demand for copper is temporarily going down. In global market it was trading at $3.086 per pound down by 1.97 percent.
At National Commodity and Derivative Exchange both the Chana and Turmeric is negative. Support for Turmeric seen at 6250 and resistance at 6880 and for Chana is 3500 and 3670.
Wheat is looking positive for future contract today. For year 2012/13 supply of Wheat globally raised 2.9 million tons. Buy wheat around 1460 with target 1510 and stop loss 1430.
In global cues the silver price rose by 0.48% to Rs. 43630 per kg.
At Multi Commodity Exchange it traded higher by 207 point total turnover of 1072 lots.
Today Oil price rose in Asian trade. Last week as the Brent price drop the economic growth of China decreased to 7.7 percent.
SELL CHANA TARGET 3550/ 3530 STOP LOSS 3650
BUY BARLEY TARGET 1365/ 1375 STOP LOSS 1325
SELL ALUMINUM TARGET 100.1/99.6 STOP LOSS 102.6
BUY CARDAMOM TARGET 786/800 STOP LOSS 762
Monday morning commodity market is looking bullish. Last week the precious metals highly decreased and today it opens with a green sign. Gold gain 220 points to Rs. 26273 and silver 412 points at 43835.00
In Asian market the oil price is recovering slowly. Today crude oil up 0.86% supported by 4645 and resisted by 5003 and menthe oil for April takes a high of 1465 and low of 354.30 with an open interest of 10.91%.
Ncdex cardamom (May) got a change of 20.00 in spot market at 788.00 in 100 lot size. Buy for July it’s going down and down near about 12 points.
Gainers : Cardamom (17.80), Silver (652.00), Gold (234.00), Lead (0.95), Zinc (0.70), Mentha oil (5.90), Cotton (70.00)
Losers : Potato (15.20), Copper (4.80), Kapas (6.20), Natural gas (1.50), Nickel (0.80)
Silver status buy
Tgt 43683 | 43703 | 43718
Sl 43500
Gold status buy
Tgt 26242 | 26262 | 26277
Sl 26144
TO GET MORE MCX NCDEX CALL CLICK HERE
Saturday form the early time the precious metals are looking in a green phase for future delivery. The whole week highly downfall has been occurred in the commodity market which affects the global economy. Today gold surge 119 points and silver 251 points.
In the international market copper slipped with the rate of change of 1.72% to its last 3.150 for May 13 delivery. The Coffee, Brent oil and Sugar working in positive. Slowly market is recovering day by day.
Today’s Gainers
Product
|
Change
|
Change (%)
|
High
|
Low
|
Alumini
|
0.05
|
0.05
|
100.70
|
100.55
|
Gold
|
415.0
|
1.54
|
25984.00
|
25867.00
|
Mentha Oil
|
16.90
|
1.75
|
983.00
|
963.00
|
Lead
|
0.10
|
0.09
|
108.55
|
107.20
|
Silver
|
263.00
|
0.61
|
43227.00
|
43087.00
|
Today’s Losers
Product
|
Change
|
Change (%)
|
High
|
Low
|
Kapas
|
15.60
|
1.81
|
870.00
|
840.50
|
Potato
|
32.10
|
3.00
|
1050.0
|
1038.00
|
Cotton
|
170.00
|
0.91
|
18660.00
|
18530.00
|
Nickel
|
1.90
|
0.11
|
817.80
|
812.20
|
Crude oil
|
1.00
|
0.02
|
4776.00
|
4767.00
|
Buy gold trg 25962/25982/25997 sl 25837
Buy silver trg 43231/43256/43271 sl 43046
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