Commodity Market Trading Tips

Chana futures have declined even faster today. Gram has to look in the lower circuit. FMC exchanges on the direction of the gram, mustard and potatoes have increased the margin. Gram of 10 per cent cash margin on futures contracts is purchased. Gram in the purchase transaction, you will have a total 15 per cent cash margin. These margin rates will apply tomorrow, March 31. 4 per cent fall at NCDEX Chana has come down to Rs 3,500.

Soy is the selling pressure. Reported that gram, mustard and soybean futures also now with the other commodities manipulation is feared. Soya bean Processors Association of India, an institution working in the sector, ie Sopa futures on the very serious allegations, the Union Food and Consumer Affairs Minister KV Thomas has sought to examine the soy futures. Soybeans on NCDEX declined by 2 per cent is trading at Rs 2980.50. The refined Soyatel slipped 1 per cent is trading at Rs 735.

NCDEX has the strength of 2 per cent cotton and is trading at Rs 859.50. The 4 per cent lower circuit on NCDEX pepper look. In addition, the circuit has to look down to 4 per cent in potatoes.

The 0.2 per cent fall on MCX gold prices is trading at Rs 28 140. At the mcx tips , silver, 0.5 per cent to Rs 57,000 across with strength is reached. On commodity tips , crude oil slipped 0.25 cent to Rs 5280 has arrived. Natural gas declined by 1 per cent. MCX has returned strongly in the base metals.

Experts advise investors to earn

Kalimirc Ncdex Tips (April futures): Sell - 39000, stoploss of Rs - 39 400 and the target - 38000

NCDEX Chana (April futures): Sell - 3475, stoploss of Rs - 3495 and the target - 3425

NCDEX Soybean (April futures): Sell - 3025, stoploss of Rs - 3055 and the target - 2970

NCDEX Mustard (April futures): Sell - 3,785, stoploss of Rs - 3825 and the target - 3715

MCX Crude oil (April futures): Sell - 5320, stoploss of Rs - 5360 and the target - 5240

MCX gold (April futures): Sell - 28 200, stoploss of Rs - 28 250 and the target - 28 075