Friday 27 July 2012

NCDEX MCX UPDATES AND CALLS


Sugar price in Indian market continuously rising because many cause pushing it’s price like increasing demand during festival season and lower production since Weak monsoon reducing the acreage of sugarcane and upcoming wedding season.   
    NCDEX SUGAR IN AUG Trading at 3340 Rs/Qui. up 15rs. To previous close, IN SEP Trading 3385 Rs/Qui.   Up 10. At 12.24 PM.
Coriander prices in Indian market also rising from last few weeks due to further region tight supply in spot market of it, rise in export demand and week monsoon are pushing it’s price.
NCDEX Coriander IN AUG Future Trading at 4722 Rs/Qui. Up 79 it made high till 4792. And in SEP Future it trading at 4849 up 60 It made high 4933.
JEERA is also rising from starting of these week the globally impact rising it price in Indian market Lower production in Turkey and Syria could support Indian rates. Low rains in Gujarat and Rajasthan could have a long term Bullish impact on the prices. Week monsoon will increase it’s price more.
NCDEX JEERA IN AUG Future trading at 16390 up 152.5 today high 16520, In SEP Trading at 16855 up 172.5 today high 16970 till 2.34PM. Buy Jeera in Aug at 16400 Target In between 16455-16480.
NCDEX Castor sed August contract traded Rs.4325 per quintal up 68 at 2.46PM, IN SEP it trading at 4427 up 70 since the Indian food production will lower in future the many NCDEX Instruments prices will rise in Future.
In MCX Bullion metal prices rich on a good level because festival session robust these prices in Indian market and the increase demand of jewelry in physical market also pushing up it’s prices in physical market, silver got well improve from last 4 days it moves nearly 1100rs in these days these time to buy silver because it’s prices will rise in festival season. Buy Silver 53300 Target 53600 Sl 52800 in Aug Future.  with them all base metal are also trading with green signal and these time copper is best for trade. 

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