Tuesday, March 8, 2011

Shyamadvisory

Currently, Domestic commodities markets are trading with negative note. All the indices are showing downward trend on Multi Commodity Exchange (MCX). At MCX futures, MCXCOMDEX is trading at 3,538.73 (down by 0.73%), MCXMETAL is trading at 4,453.08 (down by 0.56%), MCXENERGY is trading at 3,307.00 (down by 0.92%), and MCXAGRI is trading at 2,881.23 (down by 0.82%). (At 02:52 PM today).

At NCDEX, the Dhaanya, an agri commodity index, is currently trading at 1,111.98, down by 0.03% (At 02:50 PM today).

On the domestic market, gold futures declined in the bullion market on the back of tracking weak global cues, and profits booking by the speculators at existing higher price level. April future dropped as much as 0.63% to Rs. 20,995.00 per 10 grams on the Multi Commodity Exchange (MCX) today.

Gold future for April contract dropped 0.58% to $1,426.1 per ounce, after gaining 1.19% yesterday, on the COMEX today due to easing concern over Middle East unrest after Libya’s Muammar Qaddafi offered to hand over the power. Moreover, healthy sales in gold futures also allowed the market to take a break after a recent bullish trend.

At Multi Commodity Exchange (MCX), gold future for April contract is trading at Rs. 21,045.00 per 10 grams, down by 0.40%, after opening at Rs. 21,097.00 against the previous close price of Rs. 21,129.00. It touched the intra-day low of Rs. 20,995.00 till the trading. (At 02:43 PM today).

At COMEX, gold future for April contract is trading at $1,429.00 per ounce, down by $5, after opening at $1,432.3 against the previous close price of $1,434.5 per ounce. It touched the intra-day low of 1,426.1 with a business volume of 18,746 lots till the electronic trading. (At 02:42 PM today).

At Multi Commodity Exchange (MCX), silver future for May contract is trading at Rs. 53,695.00 per kg, down by 0.34%, after opening at Rs. 53,701.00 against the previous close price of Rs. 53,878.00 per kg. It touched the intra-day low of Rs. 53,210.00 till the trading. (At 02:41 PM today).

The top gainers at MCX are Potato for April contract (2.29%), Potato for May contract (1.52%), Natural gas for March contract (1.37%), Natural gas for April contract (0.89%) and Natural gas for May contract (0.75%). (At 02:40 PM today).

The top losers at MCX are Kapas for April contract (-3.61%), Crude oil for August contract (-2.64%), Zinc for May contract (-2.12%), Nickel for May contract (-2.07%) and Nickel for March contract (-2.06%). (At 02:39 PM today).

The top gainers at NCDEX are Natural gas for March contract (3.7%), Coriander for April contract (3.4%), Coriander for March contract (3.3%), Turmeric for April contract (3.00%) and Coriander for May contract (2.9%). (At 02:37 PM today).

The top losers at NCDEX are Nickel for March contract (-6.00%), Kapas for April contract (-3.4%), Kapas for March contract (-3.00%), Potato for September contract (-2.7%) and Potato for July contract (-2.6%). (At 02:36 PM today).

Mentha oil futures continued to decline in the domestic market due to profits booking by the speculators at existing price level. March contract declined by Rs. 20.00, or 1.76%, to Rs. 1,111.00 per kg on Multi Commodity Exchange (MCX) today. Moreover, sluggish demand in the spot market also kept the prices in the negative zone.

At Multi Commodity Exchange (MCX), mentha oil future for March contract is trading at Rs. 1,124.10 per kg, down by 0.61%, after opening at Rs. 1,125.20 against the previous close price of Rs. 1,131.00. It touched the intra-day low of Rs. 1,111.00 till the trading. (At 02:34 PM today).

Copper futures declined in the domestic market due to weakening trend in global market. April contract dropped as much as 1.86% to Rs. 425.80 per kg on the Multi Commodity Exchange (MCX) as speculators are offloading their positions, driven by weak trend on the London Metal Exchange (LME). Copper for three month delivery fell 0.9% to $9,415.25 a metric ton on the LME due to concern that political tensions in Libya and Middle East may sustain and oil prices may rise further, hampering the economic recovery that may reduce the demand for base metals.

At Multi Commodity Exchange (MCX), copper future for April contract is trading at Rs. 430.50 per kg, down by 0.77%, after opening at Rs. 432.55 against the previous close price of Rs. 433.85. It touched the intra-day low of Rs. 425.80 per kg till trading. (At 02:33 PM today).

While, copper future for April contract, at COMEX, is trading at $4.2770 a pound, down by 0.98%, after opening at $4.3385 a pound against the previous close price of $4.3195 a pound. It touched the intra-day low of $4.2495 till the electronic trading. (At 02:31 PM today).

At Multi Commodity Exchange (MCX), natural gas future for March contract is trading at Rs. 177.80 per mmBtu, up by 1.43%, after opening at Rs. 176.00 against the previous close price of Rs. 175.30 per mmBtu. It touched the intra-day high of Rs. 178.00 till the trading. (At 02:31 PM today).

At Multi Commodity Exchange (MCX), crude oil future for March contract is trading at Rs. 4,704.00 per barrel, down by 1.36%, after opening at Rs. 4,752.00 against the previous close price of Rs. 4,769.00. It touched the intra-day low of Rs. 4,670.00 till the trading. (At 02:30 PM today).

Crude oil for April future, at NYMEX, is trading at $104.07 per barrel, down by $1.37, after opening at $104.85 against the previous close price of $105.44. It touched the intra-day low of $103.33 with a business volume of 28,716 lots till the electronic trading. (At 02:29 PM today).

For more detail about trading tips in mcx, commodity, share, stock, intraday, shyamadvisory, free trial mcx tips, commodity tips, commodity tips free trial, shyam advisory, sureshot mcx tips, sureshot commodity tips,  www.shyamadvisory.com , mcx tips....please visit my blog and get free trial on your mobile by sms...........

Once you are a subscribed member then you can receive Live calls via SMS and Yahoo Messenger for trade in MCX TIPS , COMMODITY TIPS , TRADING TIPS , COMMODITY TRADING TIPS , SURESHOT TIPS , SO DON'T WAIT AND REGISTER HERE FOR FREE TRIAL .........

One Response so far.

  1. angel says:

    Good information , thanks for sharing i want to read more , about equity tips , thanks

Leave a Reply

 
 

Link List

My Blog List

Recent Comments

Followers