Sunday, February 27, 2011

Free Trial For Mcx Trading Tips

Currently, Domestic commodities markets are trading with negative note. Most of the indices are showing downward trend on Multi Commodity Exchange (MCX) except MCXAGRI. At MCX futures, MCXCOMDEX is trading at 3,456.96 (down by 0.78%), MCXMETAL is trading at 4,403.31 (down by 0.56%), MCXENERGY is trading at 3,154.39 (down by 1.51%), and MCXAGRI is trading at 2,860.78 (up by 0.17%). (At 05:25 PM today).

At NCDEX, the Dhaanya, an agri commodity index, closed at 1,157.20, up by 0.16%. (At
05:00 PM today).

Refined soya oil futures are trading with positive note in the domestic market today. March contract surged by Rs. 6.9, or 1.11%, to Rs. 628.00 per 10 kg on the Multi Commodity Exchange (MCX) due to firm demand in the spot market.

At Multi Commodity Exchange (MCX), refined soya oil future for March contract is trading at Rs. 626.00 per 10 kg, up by 0.79%, after opening at Rs. 622.00 against the previous close price of Rs. 621.10. It touched the intra-day high of Rs. 628.00 per 10 kg till the trading. (At
05:22 PM today).

The top gainers at MCX are Potato TRWR for May contract (2.86%), Kapas for April contract (2.32%), Potato TRWR for April contract (1.99%), Potato TRWR for March contract (1.97%) and CPO for March contract (1.28%). (At
05:20 PM today).

The top losers at MCX are Cardamom for April contract (-4.00%), Cardamom for May contract (-4.00%), Cardamom for March contract (-4.00%), Cardamom for June contract (-4.00%) and Crude oil for August contract (-2.42%). (At
05:19 PM today).

The top gainers at NCDEX are Coriander for March contract (4.01%), Coriander for April contract (4.01%), Coriander for May contract (4.01%), Kapas for April contract (2.47%) and Potato Agra for September contract (1.78%). (At
05:17 PM today).

The top losers at NCDEX are Crude oil for May contract (-3.94%), Chilli LCA for June contract (-2.02%), Chilli LCA for April contract (-1.98%), Wheat STD Mill for July contract (-1.87%) and Kapas for March contract (-1.84%). (At
05:14 PM today).

On the domestic front, potato futures continued to maintain upward trend on the back of rising demand in the spot market due to ongoing marriage season. Restricted arrivals from major producing regions also kept the prices in positive zone today.

At Multi Commodity Exchange (MCX), potato future for March contract is trading at Rs. 756.00 per 100 kg, up by 0.73%, after opening at Rs. 759.00 against the previous close price of Rs. 750.50. It touched the intra-day high of Rs. 762.00 per 100 kg till the trading. (At
05:12 PM today).

On the domestic front, crude futures are trading with negative note on the back of tracking weak global cues. April future dropped 89 cents to $96.39 per barrel in
New York today after the U.S., Saudi Arabia and the International Energy Agency assured that they can compensate for any disruption of Libyan shipments.

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  2. Copper - Copper, the leader of the base materials pack, obtained by 0.3 percent on the MCX and moved an intra-day high of Rs. 443.10/kg on Monday. However, admiration in the Native indian Rupee to cap it further rise in the red steel costs last night. Copper costs finished its trading time at Rs.440/kg on Monday.
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  3. Today’s most accurate tip for commodity
    COPPER (28 FEB.) TREND: CONSOLIDATE
    RES 1: 451
    RES 2: 454
    SUPP 1: 442
    SUPP 2: 439
    STRATEGY: SELL ON HIGH
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