If we discuss about Agri Commodity Prices,
Turmeric has risen sharply. Turmeric prices jumped more than 2 percent
and stick to Rs 8720 today. In the past 1 month, turmeric prices have
risen 28 per cent. In fact, this year's farming areas having less
rainfall is expected to decrease in the yield.
In
July and August high rains in many parts of Madhya Pradesh and
Maharashtra monsoon rudeness cause of soybean crop dilution damage about
12 percent in the country. According to SOPA about 30 per cent crop
damage in Madhya Pradesh and it is highest.
Soybeans
are traded on the upper edge. Inclined in the international market is
being witnessed in the domestic markets. NCDEX soybean has risen above
1.5 per cent to Rs 3,250.
Mcx Crude oil live prices
jumped about 27 per cent in the last 3 days but after that seems
decline today. Selling has dominated in domestic and international
markets. Today's API inventory report is forthcoming. MCX crude oil
slipped 1.5 percent, has come down to Rs 3,200. Mcx Natural gas rise with a marginal gain of 0.3 per cent and trading at Rs 179.2.
MCXGold's
glitter is risen. In both India and international market, it is trading
with rise of 0.5 per cent. The fall in the dollar provide support in
the international market. Although silver has been loss early lead. The
rupee has also recovered. MCX gold rate today rise by 0.7 per cent and trading at Rs 26,800. Mcx silver rate for today seems to be around Rs 34,700.
MCX Base metals
declined. Including copper all the metals are under pressure. Nickel
declined the most. MCX Nickel fell by about 2 per cent and has come to
Rs 655.6. Copper seems weakness of 0.5 per cent to Rs 346.7. Aluminium
has come down to Rs 105.5 wiht fall of 1.75 per cent. Lead with 1.3 per
cent loss has come down to Rs 114.5. Zinc with 1.2 percent fall has come
down to Rs 120.
MCX Commodity Tips in India:
- MCX Gold Tips (October futures): Sell – 26,910, stoploss - 27,140 and target - 26550
- MCX Silver Tips (September futures): Sell – 34,900, stoploss - 35200 and target - 34220
- MCX Crude Oil Tips (September futures): BUY - 3130, stoploss - 3070 and target - 3220
- MCX Natural Gas Tips (September futures): Sell - 180, stoploss - 182 and target - 178
- MCX Copper Tips (November futures): Sell - 348, stoploss - 352 and target - 343
- MCX Nickel Tips (September futures): Sell - 667, stoploss - 677 and target - 651
Agri Commodity Tips:
- NCDEX Chana Tips (September futures): BUY - 4820, stoploss - 4770 and target - 4900
- NCDEX Soybean Tips (October futures): BUY - 3240 stoploss - 3185 and target - 3335
Escorts enters into JV with Kubota (Japan) for manufacturing high-end tractors.
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