FILL THE FORM BELOW
NCDEX Soybean to trade with negative bias
Sell Chana, Dhaniya, Refined Soy Oil
Chana May NCDEX: Chana witnessed a bounce back from the
support of 3400 and later closed the day at 3433. As prices trading
well below the rising trend line resistance at 3450, expect negative
bias towards 3400 followed by 3372/3350 levels for the day.
Dhaniya May NCDEX: Pullback rally was arrested at the 22 day EMA support at 7025 levels and if unable to trade above the same could witness downside moves for the day.
Cardamom May MCX: Prices slipped lower from 828 and finally closed at 809 levels. Though the trend is on the bearish side, as long as prices stay above 794, a mild bounce back is likely towards 825 levels. However, sizeable upside moves would be seen only above 830 targeting 850/875 region for the day. On the lower side, any trades below 793 could prolong the downside correction towards 775/750 levels for the day.
Above Rs 3950, NCDEX Soybean can test Rs 4040
NCDEX Jeera may trade with negative bias
Latest updates of commodity market
Commodity
|
Rs
|
Chg
|
% Chng
|
Gold - 5 Jun
|
26670.00
|
130.00
|
0.49%
|
Silver - 4 May
|
44179.00
|
520.00
|
1.19%
|
Crude oil - 20 May
|
4934.00
|
62.00
|
1.27%
|
Natural gas - 28 May
|
234.30
|
0.70
|
0.3%
|
Aluminum - 31 May
|
98.30
|
1.10
|
1.13%
|
Copper - 28 Jun
|
374.20
|
6.25
|
1.7%
|
Nickel - 31 May
|
801.70
|
7.20
|
0.91%
|
Lead - 31 May
|
107.15
|
1.70
|
1.61%
|
Zinc - 31 May
|
99.30
|
1.30
|
1.33%
|
Menthaoil - 31 May
|
924.00
|
31.40
|
-3.29%
|
Cotton - 31 May
|
17930.00
|
400.00
|
-2.18%
|
GIVE US A CHANCE TO SERVE AND GET THE OPPORTUNITY TO EARN
No comments:
Post a Comment