Sunday, February 27, 2011

100% Sureshot Commodity Tips Free Trial


On 25th February 2011 (Friday), the domestic commodity markets closed on a no profit no loss note. All 4 indexes on MCX trading in the positive zone compared to the previous close price. Yesterday, in the MCX future, MCXCOMDEX closed at 3465.44 up by 0.0%., while MCXMETAL closed at 4428.45 up by 0.0% , MCXENERGY closed at 3151.9 up by 0.0% and MCXAGRI closed at 2861.02 up by 0.0%.
At NCDEX, the Dhaanya, an agri commodity benchmark index, was closed at 1157.2 up by 0.16%.

Due to weakening export demand due to lower prices of Vietnam produce mainly kept pressure on the pepper futures prices here. At the National Commodity and Derivatives Exchange, pepper for delivery in May fell by Rs 75, or 0.32 per cent, to Rs 23,057 per quintal, with an open interest of 305 lots.

Yesterday at the MCX, the market breadth was positive with 36 commodities advanced and 30 commodities declined. Similarly at NCDEX the market breadth was positive note with 54 commodities advanced and 40 commodities declined.

The top gainers at MCX were natural gas for may contract (3.60%), Potato TRWR for May contract (2.86%), Kapas for April contract (2.32%), Natural gas for march contract (2.3%), Natural gas for April contract (2.3%) and Potato TRWR for April contract (1.99%).

Similarly the top losers at MCX were Cardamom for April contract (-4.0%), Cardamom for June contract (-4.00%), Cardamom for May contract (-4.00%), Cardamom for March contract (-4.00%), Crude oil for July contract (-2.67%), and Crude oil for April contract (-2.63%).

Moreover, the gainers at NCDEX were Coriander for March contract (4.0%), Coriander or April contract (4.0%), Coriander for May contract (4.0%), Copper cathode for April contract (2.5%) and Kapas for April contract (2.5%).

The top losers at NCDEX were Light Sweet Crude oil for May contract (-3.9%), Light Sweet Crude oil for March contract (-2.6%), Light Sweet Crude oil for April contract (-2.3%), Chilli for April contract (-2.0%) and Chilli for June contract (-2.0%).

Yesterday at MCX, the top traded commodities in terms of quantity were Crude Oil for March contract with 195315 lots, Silver RM for February contract with 91728 lots, Copper for February contract with 91202 lots, Silver for March contract with 81658 lots. 

Nickel for February contract with 55444 lots, and Silver MIC for April contract with 45084 lots.
On the domestic arena, at MCX Crude Oil for March contract closed at INR 4434.00. It touched a high of INR 4535.00 and a low of INR 4385.00 after opening at INR 4535.00. 

Crude Oil for April contract closed at INR 4525.00, it touched a high of INR 4618.00 and a low of INR 4479.00 after opening at INR 4618.00. Crude Oil for May contract closed at INR 4582.00, it touched a high of INR 4660.00 and a low of INR 4540.00 after opening at INR 4571.00.

Gold for April contract closed at INR 20918.00, it touched a high of INR 21050.00 and a low of INR 20822.00 after opening at INR 21050.00. Gold for June contract closed at INR 21229.00, it touched a high of INR 21300.00 and a low of INR 21139.00 after opening at 21300.00.

Silver for March contract closed at INR 49552.00, it touched a high of INR 49820.00 and a low of INR 49076.00 after opening at INR 49820.00. Silver for May contract closed at INR 50283.00, it touched a high of INR 50555.00 and a low of INR 49773.00 after opening at INR 50552.00.

Wednesday, February 23, 2011

Best Commodity Tips In India


At NCDEX, the Dhaanya, an agri commodity benchmark index, was closed at 1,177.44 up by 0.55%.

Yesterday at the MCX, the market breadth was negative with 15 commodities advanced and 52 commodities declined. Similarly, at NCDEX, the market breadth was negative with 41 commodities advanced and 50 commodities declined.

The top gainers at MCX were BR Crude Oil for March contract (5.06%), BR Crude Oil for April contract (3.38%), Crude Oil for August contract (2.79%), Mentha Oil for April contract (1.61%), Mentha Oil for March contract (1.54%), and Mentha Oil for February contract (1.33%).

Similarly, the top losers at MCX were Cardamom for April contract (-4.00%), Cardamom for May contract (-4.00%), Cardamom for March contract (-4.00%), Cardamom for June contract (-4.00%), Lead for February contract (-3.91%), and Lead Mini for February contract (-3.83%).

Moreover, the gainers at NCDEX were Jeera for March contract (3.9%), Jeera for April contract (3.7%), Jeera for May contract (3.4%), Castor Seed for May contract (3.1%) and Guar Gum for June contract (3.0%).

The top losers at NCDEX were Kapas for April contract (-3.3%), Copper Cathode for February contract (-2.6%), Potato for August contract (-2.5%), Copper Cathode for April contract (-2.3%) and Silver for March contract (-2.3%).

Yesterday at MCX, the top traded commodities in terms of quantity were Crude Oil for March contract with 3,17,269 lots, Silver M for February contract with 1,62,122 lots, Silver for March contract with 1,36,872 lots, Copper for February contract with 1,29,501 lots, Nickel for February contract with 54,032 lots, and Silver MIC for April contract with 50,773 lots.

On the domestic arena, at MCX Crude Oil for March contract closed at INR 4314.00, it touched a high of INR 4473.00 and a low of INR 4252.00 after opening at INR 4311.00. Crude Oil for April contract closed at INR 4412.00, it touched a high of INR 4563.00 and a low of INR 4358.00 after opening at INR 4428.00.

Gold for April contract closed at INR 20787.00, it touched a high of INR 20849.00 and a low of INR 20693.00 after opening at INR 20720.00. Gold for June contract closed at INR 21106.00, it touched a high of INR 21142.00 and a low of INR 20988.00 after opening at 21099.00.

Silver for March contract closed at INR 49220.00, it touched a high of INR 50199.00 and a low of INR 48621.00 after opening at INR 50150.00. Silver for May contract closed at INR 50007.00, it touched a high of INR 50996.00 and a low of INR 49500.00 after opening at INR 50895.00.

Due to heavy stockiest offering coupled with restrained industrial off take following a bearish trend in London Metal Exchange (LME) the Base metals declined. Nickel fell by Rs 10 per kg to Rs 1,400 as against Rs 1,410 previously. Copper scrap heavy and copper armiture declined by Rs 5 per kg each to Rs 461 and Rs 449, respectively from Rs 466 and Rs 454 previously.

On the back of increased demand in the spot market Mentha oil extended its gains for the second day in futures trade as speculators enlarged their positions. At the Multi Commodity Exchange, Mentha oil for delivery in February contract rose by Rs 13.90, or 1.27 per cent, to Rs 1,105.50 per kg, with a business volume of a single lot.

Sugar factories in the nation, despite facing losses, continue with clearing their cane bills keeping the deadlines in mind. As a result of this, they have paced-up their credit limit fixed with the Banks. 

Once the limits will end, the cane bills will again start building up for them. Because of the Industry’s poor financial record in the recent past, Banks now have all the reasons to limit the credit facility extended to the companies falling in the group. Sugar MDEL for the March 2011 contract is currently trading at Rs. 2,944 with an increase of 0.14% at the MCX.

On the global front, Russia said it could extend its decision of putting a ban on grain exports that have so far spurred the food prices globally beyond the reserve expiry date of July 01, 2011.

Sunday, February 13, 2011

Free Commodity Tips


For Gold Tips: Over all trend is short term bullish... Last week it was made a high near to resistance 20498 and made a low was 20166which indicate trading range of 300 points in either side. Now we may consider near term resistance 20450 and support 20200-20150...... Decisively break out above 20500 will move further, lower level break 20000 and closed below some selling pressure. 

This counter day chart show a candlestick formation confirmed a sell signal and sell this contract at 20185.0 or better stop at 20500.0 and wave 3 could drop down to 19775 or to 19315.0 long term and a consolidation of price moment or a price correction may be underway this commodity is overbought at this time and break at 20425.0 level look for possible drop to the next support level and 20320.0 below touch at 20140 and 19935 level at intraday .

On 10th February 2011 (Thursday), the domestic commodity markets were closed favorably. At MCX future, all the indexes closed with an upward trend. In the MCX future, MCXCOMDEX closed at 3,341.27 after opening at 3,344.30, MCXMETAL closed at 4,295.75 after opening at 4,296.43, MCXAGRI closed at 2,964.74 after opening at 2977.09 and MCXENERGY closed at 2,909.18 after opening at 2911.31.

At NCDEX, the Dhaanya, an agri commodity benchmark index, is closed at 1,172.39, up by 0.19%.

Supported by increased demand in the spot market against restricted arrivals, Mentha oil traded higher in future trade yesterday. At MCX future, Mentha Oil for February contract closed at Rs 1,085.30, against previous close price of Rs 1,071.20, Mentha Oil for March contract closed at Rs 1,086.00, against previous close price of Rs 1,068.40 and Mentha Oil for April contract closed at Rs 1,048.40, against previous close price of Rs 1,043.50.

Yesterday, at MCX, the top gainers were Cardamom for May contract (4.00%), Cardamom for April contract (4.00%), Cardamom for March contract (4.00%), Cardamom for February contract (2.94%) and Lead for April contract (2.82%).

The top losers at MCX were Natural Gas for May contract (-2.01%), Natural Gas for March contract (-1.65%), Aluminium for February contract (-1.60%), Crude oil for February contract (-1.51%) and Natural Gas for April contract (-1.35%).

Yesterday, at NCDEX, the top gainers were Castor Seed for April contract (4.0%), Castor Seed for March contract (4.0%), Castor Seed for February contract (4.0%), Barley for March contract (4.0%) and Castor Seed for May contract (4.0%)

The top losers at NCDEX were Chilli for June contract (-4.0%), Chilli for April contract (-4.0%), Chilli for March contract (-4.0%), Chilli for February contract (-4.0%) and Guar Gum for April contract (-2.6%)

Yesterday, at MCX, the top traded commodities in terms of quantity were Crude Oil for February contract with 2,01,219 lots, Copper for February contract with 99,624 lots, Silver M for February contract with 90,978 lots, Silver for March contract with 69,165 lots and Nickel for February contract with 55,630 lots.

On the domestic arena, at MCX, Crude Oil for February contract closed at Rs 3,910.00 against previous close price of Rs 3,973.00. Gold for April contract closed at Rs 20,353.00 against previous close price of Rs 20,427.00. Silver for March contract closed at Rs 45,507.00 against previous close price of Rs 45,737.00. Natural Gas for February contract closed at Rs 180.20 against previous close price of Rs 183.80.

Oil prices dropped in New York after Egyptian President Hosni Mubarak stepped down and handed power to the military, reducing concern that crude shipments from the Middle East will be disrupted. Consequently, March delivery Crude oil prices declined US$ 1.15 to reach at US$ 85.58 a barrel on the New York Mercantile Exchange. Earlier Oil touched a two-year high of US$ 92.19 a barrel on January 31st 2011 due to the political unrest in Egypt.

Gold prices increased as rising political tensions in Egypt spurred demand for the precious metal as an investment haven. April delivery Gold futures increased by 0.35, to reach at US$ 1,366.80 an ounce at 10:50 A.M on the Comex. March delivery Silver future increased by 0.2%, to reach at US$ 30.16 an ounce.

Monday, February 7, 2011

Mcx Natural Gas Tips


Natural gas for February contract is trading at Rs 197.60 against Previous close price of Rs 198.70 (down by 0.55%). (At 11:13 A.M today)        

Natural gas for February contract is trading at Rs 199.60 against Previous close price of Rs 201.50 (down by 0.94%). (At 5:08 P.M today)

Natural gas for February contract is trading at Rs 199.40 against Previous close price of Rs 201.50 (down by 1.04%). (At 3:04 P.M today)

After sharp move last week, it was subdued later part of the week and closed below major support level 200 which indicate short term weakness. As remain below 195 down side target 187-185-180 which is last and final support, thereafter free fall. 

This counter shortly down trend in this counter and 204.00 level above buy at only and 204.00 level below shortly down trend in this counter and low side support at 195.00 level and 190.50 level and 204.00 level cross above up side resistance at 210.00 and 214.50 level........and day trading and earn daily profit = profit choice pack 

Natural Gas (MCX-Feb'11): Natural Gas is still in downtrend. Above 200 only, it will attract the buyers else be short on high with SL of 201. 

The top losers at MCX are Natural gas for February contract (-1.72%), Maize for April contract (-1.69%), Natural gas for March contract (-1.59%), Natural gas for April contract (-1.07%) and Ironore for February contract (-0.98%). (At 02:46 PM today).

Natural gas futures continued to decline in the domestic market on the back of tracking weak cues from the global market. February future dropped as much as 1.92% to Rs. 193.80 per mmbtu on the Multi Commodity Exchange (MCX).

Natural gas for March contract declined 2.85% to $4.187 per million British thermal units on the New York Mercantile Exchange (NYMEX) on expectation of milder weather later this month that reduced the demand outlook for heating fuel in the U.S., world’s largest energy consumer country. Temperatures may be above than normal in the eastern U.S. from Feb. 

14 through Feb. 18, according to the EarthSat Energy Weather in Rockville, Maryland. Expectation of milder weather may reduce the demand for the heating fuel as it is used as a heating purpose in the residence during the cold weather.

About 52 percent of U.S. households use natural gas for heating, according to the Energy Department.

At Multi Commodity Exchange (MCX), natural gas future for February contract is trading at Rs. 194.20 per mmBtu, down by 1.72%, after opening at Rs. 197.10 against the previous close price of Rs. 197.60 per mmBtu. It touched the intra-day low of Rs. 193.30 till the trading. (At 05:11 PM today).

Sunday, February 6, 2011

Free Commodity Trading Tips


Currently commodities markets in India are trading with a mixed trend. At MCX future, 2 out of 4 indexes are showing an upward trend. At MCX futures, MCXCOMDEX is trading at 3,363.92, up by 0.02% and MCXMETAL is trading at 4,282.67, up by 0.13% while MCXENERGY is trading at 2,993.69, down by 0.02% and MCXAGRI is currently trading at 2,939.68, down by 0.19% (At 11:32 A.M today)

At NCDEX, the Dhaanya, an agri commodity benchmark index, is currently trading at 1,163.97, up by 0.29%. (At 11:39:53 A.M today)

Silver (MCX-Mar'11): After Bernanke statement Silver also moved up and crossed its strong resistance of 44200. Upside it may move till 44700. Downside it may take strong support at 44900. 

MAR: - This counter yesterday again took same support around 43000, as well as its cross level of 43800. As we wrote once its cross that level, you can keep buying now still up move looks continues till 44500. Today it will face resistance 44500-44700 & support 43800. For more and clear information join our paid newsletter.           
For Copper Feb: - This counter yesterday shown good up move as well as its continues took support around 456.7 as we mention. Now today keep your eyes on level of 456, if it breaks this level, you can keep shorts and if it cross level of 460.5, you can keep buying. Today it will face resistance 460.5-463 & support 456-453. For more and clear information join our paid newsletter.

Copper (MCX-Feb'11): Still more upside rooms are available for this metal but at the same time some profit booking is also expected. Next 7 days Chinese market will be closed so a consolidation can be seen in this counter. It may come down till 452.80 but that will be buying opportunity for next target of 472.Trading levels for clients only. Below 448 it may fall till 443.

Crude (MCX-Jan'11): Crude again started its downward journey. It may take strong support near 4080 below which it may fall till 3900.

Thursday, February 3, 2011

Sure Shot Mcx Free Tips


At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 20,005.00 per kg, down by 0.08%, after opening at Rs. 20,030.00 against the previous close price of Rs. 20,021.00 per kg. It touched the intra-day low of Rs. 19,952.00 till trading. (At 04:59 PM today).

Crude oil futures are trading with positive note in the domestic market today as the unrest in Egypt turned more violent, boosting the concern that crude supplies may disrupt through the Suez Canal, and unrest may spread to other parts of the Middle East. Around 2.5% of global oil production moves through Egypt via the Suez Canal and it carries more than 2.2 million barrels of oil a day.

Crude for February contract, at MCX, is trading at Rs. 4,203.00 per barrel (up by 1.28%) after opening at Rs. 4,150.00 against the previous close price of Rs. 4,150.00 with intra-day low of Rs. 4,150.00 till the trading. (At 04:56 PM today).

Currently, Domestic commodities markets are trading with positive note. Most of the indices are showing upward trend on Multi Commodity Exchange (MCX) except MCXAGRI. At MCX futures, MCXCOMDEX is trading at 3,372.06 (up by 0.28%), MCXMETAL is trading at 4,221.99 (up by 0.03%), MCXENERGY is trading at 3,059.80 (up by 0.76%), and MCXAGRI is trading at 2,970.33 (down by 0.01%). (At 11:25 AM today).

Crude oil futures are trading with positive note today in the domestic market after the unrest in Egypt turned more violent, boosting the concern that crude supplies may disrupt through the Suez Canal, and unrest may spread to other parts of the Middle East. Around 2.5% of global oil production moves through Egypt via the Suez Canal and it carries more than 2.2 million barrels of oil a day.

Crude for February contract, at MCX, is trading at Rs. 4,184.00 per barrel (up by 0.82%) after opening at Rs. 4,150.00 against the previous close of Rs. 4,150.00 with intra-day high of Rs. 4,193.00 till the trading. (At 11:23 AM today).

The top losers at MCX are Cardamom for April contract (-3.55%), Cardamom for February contract (-3.45%), Cardamom for March contract (-3.16%), Cardamom for May contract (-3.00%) and Potato TRWR for March contract (-0.46%). (At 11:20 AM today).

Copper for February contract, at MCX, is trading at Rs.459.10 per kg (up by 0.07%) after opening at Rs. 458.60 against the previous close price of Rs. 458.80 with intra-day high of Rs. 460.15 till the trading. (At 11:14 AM today).

At Multi Commodity Exchange (MCX), gold future for February contract is trading at Rs. 19,770.00 per kg, up by 0.08%, after opening at Rs. 19,817.00 against the previous close price of Rs. 19,754.00 per kg. It touched the intra-day high of Rs. 19,817.00 till trading. (At 11:10 AM today).

Wednesday, February 2, 2011

Mcx Tips On Mobile


Currently, Domestic commodities markets are trading with negative note. Most of the indices are showing downward trend on Multi Commodity Exchange  except MCXAGRI. At MCX futures, MCXCOMDEX is trading at 3,366.50 (down by 0.26%), MCXMETAL is trading at 4,231.12 (down by 0.13%), MCXENERGY is trading at 3,036.16 (down by 0.71%), and MCXAGRI is trading at 2,970.82 (up by 0.31%). (At 11:27 AM today).

On the domestic front, gold futures are trading with positive note today on the back of taking fresh positions by the speculators at lower price levels due to ongoing marriage session in India. Gold future for February contract gained in New York as much as $4.4 to $1,344.00 per ounce due to political tension in Egypt.  

While, Gold future for February contract, at COMEX, traded with flat note at $1,339.8 per ounce, up by 2 cents, after opening at $1,344.00 against the previous close price of $1,339.6. It touched a high of $1,344.00 per ounce till electronic trading. (At 11:23 AM today).

The top gainers at MCX are Kapas for April contract (2.76%), Cardamom for May contract (2.04%), Cardamom for March contract (1.85%), Cardamom for April contract (1.82%) and Cardamom for February contract (1.71%). (At 11:21 AM today).

The top losers at MCX are Mentha oil for April contract (-1.49%), Crude oil for February contract (-1.24%), Mentha oil for February contract (-1.06%), Mentha oil for March contract (-0.98%) and Crude oil for March contract (-0.79%). (At 11:19 AM today).

The top gainers at NCDEX are Kapas for April contract (3.30%), Kapas for March contract (2.79%), Castor seed for February contract (2.71%), Castor seed for March contract (2.70%) and Castor seed for April contract (2.63%). (At 11:18 AM today).

The top losers at NCDEX are Potato for August contract (-2.19%), Gurchaku Muzr for Sep contract (-1.41%), Potato for May contract (-1.31%), Chana for February contract (-1.23%) and Crude oil for March contract (-1.15%). (At 11:16 AM today).

Potato futures continued to decline in the domestic market due to sluggish demand in the spot market today. March contract fell by Rs. 5.9, or 0.88%, to Rs. 660.30 per 100 kg on the Multi Commodity Exchange (MCX) as investors reduced their long positions due to sluggish demand in the spot market. Moreover, sufficient supply in the spot market following increased arrivals from the major producing regions also putted a downward pressure on potato prices.

At Multi Commodity Exchange (MCX), potato future for March contract is trading at Rs. 664.00 per 100 kg, down by 0.33%, after opening at Rs. 665.00 against the previous close price of Rs. 666.20 per kg. It touched the intra-day low of Rs. 660.30 till trading. (At 11:13 AM today).

Crude oil futures are trading with negative note in the domestic market after the concern eased that oil supply will disrupt through the Suez Canal due to political tensions in Egypt. Crude future for March contract declined 5 cents to $90.72 per barrel on New York Mercantile Exchange (NYMEX) today as canal officials said Suez Canal is operating normally for the waterway which carries more than 2.2 million barrels of oil a day.  

Crude for February contract, at MCX, is trading at Rs. 4,146.00 per barrel (down by 1.29%) after opening at Rs. 4,191.00 against the previous close of Rs. 4,200.00 with intra-day low of Rs. 4,144.00 till the trading. (At 11:12 AM today).

At New York Mercantile Exchange (NYMEX), crude future for March contract is trading at $90.56 a barrel, down by 21 cent, after opening at $90.51 against the previous close price of $90.77. It touched the intra-day low of $90.51 a barrel with a business volume of 8,501 lots till electronic trading. (AT 11:11 AM today).

Copper for February contract, at MCX, is trading at Rs.457.65 per kg (down by 0.10%) after opening at Rs. 458.80 against the previous close price of Rs. 458.10 with intra-day low of Rs. 457.50 till the trading. (At 11:10 AM today).