NCDEX Commodity Tips and Trend 30 March 12

NCDEX Commodity Trend

Chana futures have declined even faster today. Chana has to look lower circuit. FMC given direction to exchanges have increased margin on Chana, Mustard and Potatoes. Chana Futures contracts of 10% cash margin on purchased. in Chana purchase transaction you will have total 15% cash margin. These margin rates will apply tomorrow, March 31. at NCDEX Chana has come down to Rs 3,500 with 4% fall . Soy is selling pressure. Reported that Chana, Mustard and Soybean futures other commodities also now with manipulation is feared. NCDEX Soybeans declined by 2% is trading at Rs 2980.50. Refined Soyatel slipped 1 % is trading at Rs 735. NCDEX cotton has strength of 2% and is trading at Rs 859.50. NCDEX pepper look 4 % lower circuit on. potatoes has to look 4% circuit down.

NCDEX Commodity Tips 

Chana April Futures, Sell - 3475, Stoploss - - 3495, Target - 3425.

Soybean April Futures, Sell - 3025, Stoploss - - 3055, Target - 2970.

Mustard April Futures, Sell - 3,785, Stoploss - - 3825, Target – 3715.