MCX and NCDEX Trading Commodity Calls

MCX CALLS:

 

BUY CRUDEOIL ABOVE 3515 TGT -3535-3565-3615 SL BELOW 3580 CMP 3511

BUY ZINC ABOVE 212 TGT -212.50-213.20-214.20 SL BELOW 211.30 CMP 211.95

SELL LEAD BELOW 159.50 TGT 159-158.30.-157.30 SL ABOVE 160.30 CMP 159.50

NCDEX CALLS:

 
BUY CASTORSEED NOV ABOVE 4365 TG 4380, 4400, 4430 SL 4340,

BUY CHANA NOV ABOVE 4900 TG 4915, 4935, 4965 SL 4875, 

BUY JEERA NOV ABOVE 18740 TG 18820, 18920, 19060 SL 18640,

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

Best Basemetal Future Calls

SELL GOLD BELOW 29270  TGT 29210 SL ABOVE 29360

BUY SILVER ABOVE 39130 TGT -39280-39480-39780 SL BELOW 38930 CMP 39130

SELL ZINC BELOW 211.30 TGT 210.80-210.10.-209.10 SL ABOVE 212 CMP 211.40

SELL CRUDEOIL BELOW 3505 TGT 3485-3455.-3405 SL ABOVE 3540 CMP 3506
 

SELL LEAD BELOW 156.50 TGT 156-155.30.-154.30 SL ABOVE 157.40 CMP 156.60

 

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

MCX Commodity Future Calls

BUY LEAD ABOVE 163.10 TGT 164 SL BELOW 162

SELL ZINC BELOW 214 TGT 213 SL ABOVE 216.20

SELL COPPER BELOW 440.30 TGT 438 SL ABOVE 443.50

BUY SILVER  ABOVE 39150 TGT 39350 SL BELOW 38900

              MCX FUTURE TIPS

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

India`s coffee output seen rising 12.3 percent on higher acreage: Board

India's coffee output is likely to rise 12.3 percent from a year ago to 350,400 tonnes in 2017/18 due to an expansion in the area under cultivation, the state-run Coffee Board said on Tuesday.

The South Asian country, which is famous as a tea producer, is also the world's No.6 coffee grower, mainly churning out the robusta beans used to make instant coffee, but also producing some of the more expensive arabica variety.

The country's robusta production is likely to rise 14 percent to 247,300 tonnes in the marketing year that started on Oct. 1, while arabica output could rise 8.5 percent to 103,100 tonnes, the board said.

India, which some say started coffee cultivation in 1670 with seven smuggled beans, exports three-quarters of its production.

                                   BEST BULLION TIPS

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

Nickel futures dip on easing demand

 
Copper futures were trading lower during the noon trade in the domestic market on Thursday as speculators offloaded their positions amid a weak trend in global markets.

Marketmen attributed the fall in copper futures to weakness in metal at the London Metal Exchange (LME) on profit-taking, rising inventories at the exchange's warehouses, nervousness about demand in China and a higher dollar.

At the MCX, copper futures for November 2017 contract was trading at Rs 422.00 per kg, down by 0.52 per cent, after opening at Rs 423.95, against a previous close of Rs 424.20. It touched the intra-day low of Rs 421.15

                                          BEST COMMODITY TIPS

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

White metal up amid robust global cues

Silver futures were trading higher during the afternoon trade in the domestic market on Wednesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.

At the MCX, silver futures for December 2017 contract was trading at Rs 41380 per kg, up by 0.40 per cent, after opening at Rs 41242, against a previous close of Rs 41,216. It touched the intra-day high of Rs 41,434.

                                        FREE COMMODITY TIPS 
 


FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

Gold, silver decline in morning session

Gold prices were trading in red during the morning trade on Tuesday on the account of weak trend overseas and subdued demand from local jewellers.

MCX Gold was down 0.31%, or Rs 94, at Rs 29,839 per 10 gram around 1035 hours, whereas MCX Silver was down 0.33%, or Rs 134, at Rs 41,030 per 1 kg.

The market participants expect that gold to trade sideways on Tuesday due to profit booking after the recent rally. While stronger dollar index and less damage by Hurricane IRMA are factors pushing down the gold prices.

Latest holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, declined 0.3% to 834.50 tonnes till September 8. Holdings of the largest silver-backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10,173.58 tonnes, remain unchanged from the previous business day.

Meanwhile, BSE Sensex was up 168 points, or 0.53%, at 32,050, while Nifty was up 47 points, or 0.47 per cent, at 10,053.

                                            
                                            MCX COMMODITY TIP

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE: www.tradenivesh.com

Lead futures down on easing demand

Lead futures were trading lower during the afternoon trade in the domestic market on Friday as participants reduced their exposure amid subdued demand from consuming industries in the spot market. Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.

At the MCX, lead futures for September 2017 contract is trading at Rs 146.80 per kg, down by 1.54 per cent, after opening at Rs 148.95, against a previous close of Rs 149.10. It touched the intra-day low of Rs 146.60.

 

LIVE COMMODITY TIPS

 

SELL CRUDEOIL BELOW  3135 TGT  3115-3085-3035 SL ABOVE 3175 CMP 3135

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE ON: www.tradenivesh.com

Mentha oil futures rise on surging demand

Mentha oil futures were trading higher during the morning trade in the domestic market on Friday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.

At the MCX, mentha oil futures for September 2017 contract was trading at Rs 1198 per kg, up by 0.74 per cent, after opening at Rs 1195.30, against the previous closing price of Rs 1189.20. It touched the intra-day high of Rs 1201.50. 

MCX COMMODITY CALL TIPS

 

SELL COPPER BELOW 440.80 TGT 438 SL ABOVE 444

For more information please visit our website on: www.tradenivesh.com

Aluminium futures gain 0.38% on spot demand

Aluminium futures were trading higher during the noon trade in the domestic market on Monday as speculators built up fresh positions. Analysts said participants created fresh positions on the back of rise in demand from consuming industries in physical market.

At the MCX, aluminium futures for August 2017 contract is trading at Rs 131.80 per kg, up by 0.38 per cent, after opening at Rs 130.70, against a previous close of Rs 131.30. It touched the intra-day high of Rs 132.10.

FOR MORE INFORMATION PLEASE VISIT OUR WEBSITE ON: www.tradenivesh.com

Zinc futures rise on increasing demand

Zinc futures were trading higher during the afternoon trade in the domestic market on Wednesday as speculators created fresh positions on pick-up in demand from consuming industries at the spot markets.

Market analysts attributed the rise in zinc futures to fresh bets created by participants on the back of rising demand at the domestic spot market.

At the MCX, zinc futures for August 2017 contract was trading at Rs 200 per kg, up by 0.20 per cent, after opening at Rs 201.70, against a previous close of Rs 199.60. It touched the intra-day high of Rs 200.50.

For more information please visit our website on: www.tradenivesh.com