Tuesday, March 22, 2011

Commodity Intraday Calls


On 21st March 2011 (Monday), the domestic commodity marketplaces shut on a optimistic observe. All 4 spiders on MCX trading in the optimistic location as opposed to past close price. Last night, in the MCX upcoming, MCXCOMDEX shut at 3497.82 up by 0.15%., while MCXMETAL shut at 4443.27 up by 0.13% , MCXENERGY shut at 3248.89 up by 0.63% and MCXAGRI shut at 2804.37 up by 0.85%.

At NCDEX, the Dhaanya, an agri investment standard catalog, was shut at 1135.52 down by 0.21%.

Yesterday, Cardamom investment shut with adverse observe in the home market due to income arranging by the investors, pushed by decline pattern in identify need. May investment slipped by Rs. 34.1, or 2.99%, to Rs. 1,103.10 per kg on the Multiple Commodity Change (MCX). Moreover, improved arrivals from major generating parts also put a downwards need on the cardamom investment prices.


Last night at the MCX, the industry depth was Adverse with 37 merchandise innovative and 44 merchandise dropped. Similarly at NCDEX the industry depth was negative note with 80 merchandise innovative and 110 merchandise dropped.

The top gainers at MCX were Precious metal for Sept agreement (2.2%), CPO for May agreement (2.1%), Precious metal M for Aug agreement (2.1%), Precious metal for December agreement (2.04%) and Precious metal for Sept agreement (2.0%).

Moreover, the gainers at NCDEX were Castor Seeds for May agreement (4.0%), Castor Seeds for May agreement (2.3%), Castor Seeds for May agreement (2.2%), Pepper for Aug agreement (2.2%) and light Sweet Raw Oil for May agreement (2.0%).

Yesterday at MCX, the top traded merchandise in terms of quantity were Precious metal M for May agreement with 100,557 plenty, Copper for May agreement with 100,303 plenty, Raw Oil for Goal agreement with 93,166 plenty, Raw Oil for May agreement with 72,851 plenty, Precious metal for May agreement with 67,847 plenty, and Nickel for Goal agreement with 57,908 plenty.

On the domestic arena, at MCX Raw Oil for Goal agreement shut at INR 4,596.00. It moved a higher of INR 4,652.00 and a low of INR 4,572.00 after starting at INR 4,572.00. Raw Oil for May agreement shut at INR 4,665.00, it moved a higher of INR 4,725.00 and a low of INR 4,653.00 after starting at INR 4,660.00.

Gold for May agreement shut at INR 20,953.00, it moved a higher of INR 21,042.00 and a low of INR 20,879.00 after starting at INR 20,879.00. Precious metal for May agreement shut at INR 21,228.00, it moved a higher of INR 21,315.00 and a low of INR 21,208.00 after starting at 21,230.00.

Silver for May agreement shut at INR 54,062.00, it moved a higher of INR 54,197.00 and a low of INR 53,245.00 after starting at INR 53,245.00. Precious metal for Sept agreement shut at INR 54,700.00, it moved a higher of INR 54,830.00 and a low of INR 53,930.00 after starting at INR 53,930.00.

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