Thursday, 31 January 2013

Sell NCDEX Soya bean, Onion price rising day by day

MCX SILVER TIPS , MCX GOLD TIPS, ONION TIPS, BASE METAL UPDATE, OIL UPDATES, NCDEX SOYA BEAN TIPS, NATURAL GAS TIPS, CHILLI UPDATE.

Thursday, from the early trade, Precious metals are seems Red shaded as compared to that of base metal, they work slightly good as precious metals. Currently, MCX future Gold is working at 30199.0 with the loss of 18.0 points and MCX future Silver is dealing at 58938.0 with the loss of 13 points.

Yesterday, Chilli for March expiry closed at Rs 6,796 per quintal after touching a high of Rs 6,958 per quintal during the day.
                     
February expiry of sugar closed at Rs 3,196 per quintal after touching a high of Rs 3,209 per quintal.

NCDEX Soya bean is moving sideways for short term. Currently it is in the position of Sell.

NCDEX Wheat for feburary contract is also working in a sideway trend, its support level is 1552 and resistance level is 1558.

Traders have doubled the retail price as a result consumers are paying more than 30 rupees for a kg of Onion.
              It’s price is rising day by day, maximum wholesale price is Rs 21 per kg.

In Asian trade today Oil price rises. For March delivery the crude is increased by 3% to USD 97.97 a barrel. Overall this month oil has gained 6.6% and Brent march settlement increased by 31 percent.


Buy Natural Gas at 178 target 182 

Buy NCDEX Jeera at 13600 target 13615, 13630 

Sell Copper at 442.55 target 441.05, 439.55 

Sell Silver at 59006 target 58906, 58806

1 comments:

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