Commodity Tips

Given the worsening of monsoon NCDEX moves have increased the margins on soybeans and mustard. 5 per cent cash margin on Commodity Exchange, the soybean has increased from 20 per cent. Special 5 per cent cash margin on the mustard has been increased from 15 per cent.

Cash margins on soybeans and mustard will be effective from Wednesday. In fact, due to poor monsoon vigorous in oilseeds is easier to find. Further due to weak monsoon and oilseed prices are expected to grow. Soybeans on NCDEX on Monday, have grown nearly 4 per cent record, the mustard was strong in the 3 per cent. Strongly in the international market price of the oilseeds are skyrocketing. 

Light gold in the international market, while silver is trading with nearly 0.5 per cent. Comaks about 0.20 per cent, with gold at $ 1,594. The silver with 0.5 per cent is trading around $ 27 per ounce. On Monday, gold flat in the domestic market with a turnover to Rs 29 282, while silver closed at Rs 52 745, with lethargy.

Naimaks crude oil is trading with a gain of 0.30 per cent. The price is now approaching $ 89 a barrel. MCX Crude oil 0.69 per cent on Monday to close up to Rs 4,800.

Copper on the London Metal Exchange is trading with a gain of 0.25 per cent. Copper in the domestic market on Monday, down 0.22 per cent to Rs 425.

International market has led to strong growth in the domestic market in gold and silver looks. Naimaks the crude oil jumped 0.5 per cent is close to 91 dollars. Comaks the gold and silver have gone up by 0.5 per cent.

0.1 per cent with a slight edge on MCX gold is trading at Rs 29 200. Silver has been strong and the price of 0.25 per cent to Rs 52 830 is reached. On MCX, crude oil jumped 0.5 per cent is reached close to Rs 5,000. MCX 0.25 to 0.5 per cent in the base metals have gone up.

NCDEX Turmeric at Rs 5370 with 2 per cent is reached. 2 per cent in the October and December soybean futures have gone up. Pepper on the ncdex tips declined by 3 per cent in the December futures. September futures were down 1 per cent of the cotton is empty.

CommodityTradingCall’s experts advise for investors :

MCX Crude oil updates (April futures): Buy - 4920, stoploss of Rs - 4880 and the target - 5040

Commodity tips for Copper (August futures): Buy - 423, stoploss of Rs - 420 & Target - 428 

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