On national commodity and derivative exchange the food grains are showing both the trend up and down where in multi commodity exchange the natural gas, mentha oil and cotton are working in a positive side and all other are looking bearish.
The base metal aluminium drop by 0.20 points, copper by 4.40 points, nickel by 3 points, lead by 0.45 points and zinc by 0.35 points. These all the base metals are trading for the future deliveries.
Ncdex chana and chilli are strongly going up for all session. Chilli for July increases by 18 points to Rs. 5358 with a high of 5400 and a low of 5300, today it was opened at 5312. The support level for chilli seen at 5267.9 and the resistance level seen at 5412.1
16:40
Gainers
MCX : Natural Gas, Mentha Oil, Cotton
NCDEX : Coriander, Guar Gum, Potato, Chilli, Sugar, Turmeric
Losers
MCX : Gold, Silver, Zinc, Lead, Copper, Aluminium, Nickel, Crude Oil
NCDEX : Barley, Jeera, Mustard Seed, Wheat
Buy chilli above 5630 target 56358/5648/5660 stop loss 5580
Sell turmeric below 5906 target 5902/5895/5886 stop loss 5936
Buy cotton above 19750 target 19765/19780/19795 stop loss 19690
Sell nickel below 833.30 target 832.8/832.3/831.8 stop loss 836.3
The base metal aluminium drop by 0.20 points, copper by 4.40 points, nickel by 3 points, lead by 0.45 points and zinc by 0.35 points. These all the base metals are trading for the future deliveries.
Ncdex chana and chilli are strongly going up for all session. Chilli for July increases by 18 points to Rs. 5358 with a high of 5400 and a low of 5300, today it was opened at 5312. The support level for chilli seen at 5267.9 and the resistance level seen at 5412.1
16:40
Gainers
MCX : Natural Gas, Mentha Oil, Cotton
NCDEX : Coriander, Guar Gum, Potato, Chilli, Sugar, Turmeric
Losers
MCX : Gold, Silver, Zinc, Lead, Copper, Aluminium, Nickel, Crude Oil
NCDEX : Barley, Jeera, Mustard Seed, Wheat
Buy chilli above 5630 target 56358/5648/5660 stop loss 5580
Sell turmeric below 5906 target 5902/5895/5886 stop loss 5936
Buy cotton above 19750 target 19765/19780/19795 stop loss 19690
Sell nickel below 833.30 target 832.8/832.3/831.8 stop loss 836.3
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