MCX NCDEX Tips Updates
MCX
Updates :- Gold seems to around Rs 30,000. MCX Silver also has
strong about Rs. 300 however COMEX Gold and Silver looks slowdown.
Rupee against Dollar is weakness therefore investment increased in
gold. currently MCX gold is trading at Rs 29,900 With nearly 1% up
while silver is trading at Rs 54 235. With nearly 1% fast. MCX crude
oil is trading at Rs 4670. MCX base metals recorded Nearly 0.5% up
today.
MCX
Base Metals Tips
Copper
June Futures, Sell - 407, Stoploss – 409, Target – 404.50.
Nickel
June Futures, Sell – 880, Target – 860 Stoploss - 890.
NCDEX
Tips :- This year spices has declined to 30%. Cayenne pepper has
been weak 35% on this year Currently NCDEX chilli is trading at Rs
4450 with 3.5% weak. this year Turmeric broken 33% and turmeric
June futures price is lower level of 41-month. NCDEX Turmeric is
trading at Rs 3470 with 3% decline.
This
year Coriander have seen down by 31% . Coriander export is reduced
demand in spot market is also down. NCDEX Coriander dropped 1.5% is
trading at Rs 3,350. Cumin has also fallen 27% this year. currently
NCDEX cumin is trading at Rs 12 330 with marginal decline.
NCDEX
Chana July Futures, Sell - 4140, Stoploss – 4195, Target – 4040.
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