Commodity overview: Jeera ends low as demand went down 2 Mar, 2016

Jeera prices ends low by 1.18 per-cent on yesterday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a rush in the supply from the producing areas in the midst of a decline in the export requirement. Click for Commodity tips

NCDEX : Jeera futures for March 2016 contract ended at Rs. 13,815 per quintal, down by 1.18 per-cent, after opening at Rs. 13,950 against the previous ending price of Rs. 13,980. It attained the intra-day low of Rs. 13,770.

World wide outcome of Jeera is nearly 2.2 lakh MT per year, of which India produces around 1.5 lakh MT per year.

India exports Jeera especially to the countries - US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Besides this, other Major exporters are Syria & Turkey.

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Commodity tips : Today, Natural Gas slides down 19 feb

Yesterday, Natural Gas futures fell over 3 per-cent in the local market as investors and speculators exited positions in the energy commodity as warmer than average temperatures across parts of the US curbed the requirement for the heating fuel in the world’s largest gas consuming nation, overshadowing a big storage withdrawal.

The EIA reported that US gas supplies fell by 158 billion cubic feet to 2.706 trillion cubic feet last week, slightly above the forecast of 154 billion cubic feet by analysts, but below the five-year average of around 176 billion cubic feet, and above the 110 billion cubic feet drop witnessed last year.

Feb 2016 contract for Natural Gas futures ended at Rs 128 per mmBtu, down by 3.4 per cent, after opening at Rs 133.2, against the last ending price of Rs 132.5. Then, it attained an intra-day low of 127.5.

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Mcx ncdex trading tips & calls for 15 Feb, 2016

TURMERIC : SELL TURMERIC APRIL BELOW 8765 TGTS 8715/8635 SL 8815

NCDEX: TURMERIC HIT 1ST TGT 8715 LOW OF 8666 BOOK PART PROFIT

NCDEX: TURMERIC HIT FINAL TGT 8635 LOW OF 8566 BOOK FULL PROFIT


DHANIYA : SELL DHANIYA APRIL BELOW 6760 TGTS 6710/6630 SL 6810

NCDEX: DHANIYA HIT 1ST TGT 6710 LOW OF 6700 BOOK PART PROFIT

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Mcx crude oil imports from the Persian Gulf nation 19 Jan

 Crude oil imports : With crippling international sanctions against Iran ending, India is going to increase Mcx crude oil imports from the Persian Gulf nation and get oilfield contracts but faces an immediate USD 5.8 billion payout in past oil dues.

Under pressure from US & the other western powers, India had relegated its 2nd largest oil suppliers by cutting down purchases from 21.2 million tons in 2009-10 to 11 million tons in 2013-14. Imports have been of that order in previous three years. Now with the lifting of sanctions, Indian refiners are looking at increasing import volumes. "Iran offers the best terms of oil sales.

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Ncdex Chana closed low, Natural Gas sinks 15 Jan, 2016

Natural Gas futures for Jan 2016 contract ended at Rs 144.6 per mmBtu, went down by 5.37 per-cent, after unlocking at Rs 152.5, against the previous closing price of Rs 152.8.It touched an intra-day low of Rs 144.2.

Ncdex : Prices of Chana closed low by 0.21% yesterday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states.

At the NCDEX, chana futures for Jan 2016 contract closed at Rs. 4,861 per quintal, down by 0.21 per-cent, after unlocking at Rs. 4,880 as compared to the previous closing price of Rs. 4,871. It reached an intra-day low of Rs. 4,861.

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Ncdex : Dhaniya sell call for 12 Jan, 2016

Mcx Ncdex Tips : SELL DHANIYA APRIL BELOW 7630 TGTS 7580/7510 SL 7680
Ncdex Tips : DHANIYA HIT 1ST TGT 7580 LOW OF 7536 BOOK PART PROFIT
Ncdex Tips : DHANIYA HIT FINAL TGT 7510 CMP 7500 BOOK FULL PROFIT

Stock Option Tips : BUY ADANIPORTS 240 CALL ABOVE 7 TGTS 8/9.50/12 SL 5.50
Options Tips : ADANIPORTS 240 CALL HIT 1ST TGT 8 CMP 8.30 HIGH OF 8.80 BOOK PART PROFIT

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Agri Tips : BUY TURMERIC APR ABOVE 10130

AgriTips : BUY TURMERIC APR ABOVE 10130 TGT 10170/10240 SL 10090

Tips : TURMERIC BUY CALL HIT 1ST TGT 10170 HIGH OF 10180 BOOK PART PROFIT 

Nifty futures tips : BUY ASHOK LEYLAND ABOVE 93.00 TGTS 93.40/94.00/94.80 SL 92.50

ASHOK LEYLAND HIT 1ST TGT 93.40 BOOK PART PROFIT

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Stock option, nifty, sensex overview for 6 Jan, 2016

Stock option tips

Today's major Sensex losers :-

Tata Steel (down 1.2 per-cent), GAIL India (down 1.05 per-cent), Lupin (0.81 per-cent), and ITC (down 0.74 per-cent).

The major Sensex gainers -

Asian Paints (up 1 per-cent), Bharti Airtel (up 0.75 per-cent), BHEL (up 0.7 per-cent), TCS (up 0.58 per cent), and Dr Reddy's Laboratories (up 0.3 per-cent).

The 30-share index was trading at 25,517, went down 63 pts or 0.25 per-cent. It reached a high of 25,632.57 and a low of 25,502.96 in morning.

The Nifty-50 was near 7,761 down 23 pts or 0.30 per cent. It reached a high of 7,783.30 and a low of 7,761.30 in the 1st 30 mins of trade.

The S&P BSE Midcap Index went down 0.03 per-cent while the  BSE S&P Smallcap Index was trading 0.14 per-cent high.

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Mcx crude Oil slips due to weak US, China factory data

Crude oil futures ended lower in the domestic market on Monday as investors and speculators weighed heightened tensions in the Middle East amidst a Saudi-Iran spat over the execution of a well-known Shiite cleric by Saudi Arabia, and steep factory contractions in the US and China, which threatened to cast uncertainty over the demand outlook for the fuel from the world’s top two economies.

While a Saudi-Iran spat may cause some short-term volatility in oil prices amidst worries over supplies from the crude-rich Middle East region, in the long-term the diplomatic row may push oil prices lower with both countries unlikely to work together to support prices. Iran is aiming to produce as much as 1.5 m barrels of oil each day current year as it awaits the lift-off of West-imposed sanctions.

Producing activity in the US(United States) shrank at the fastest pace in more than 6 years, with the ISM’s factory gauge falling to 48.2 in Dec from 48.6 in Nov, while US(United States) construction spending dropped 0.4 per-cent in Nov month, signaling a faltering recovery in the world’s biggest economy that may curb fuel requirement.

Oil may expand losses today amidst fears that a slowing world wide economy may sap fuel demand.

MCX : Crude oil futures, for the Jan 2016 contract, ended at Rs 2,465 per barrel, went down by 0.60 per-cent, after unlocking at 2,494, against the previous close price of Rs 2,480. It attained an intraday low of Rs 2,433.

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75 per-cent blue chips below 5-year PEs 5 Jan, 2016

Should investors can pick large-cap stocks over mid-caps at this juncture? More than 75 per-cent of the blue chips across sectors were trading below their 5-year average price-to-earnings (PE) ratios.

In comparison, around 55% of the mid-cap stocks are trading greater than their 5-year average PEs; which means, large-caps are cheaply as compared to small-caps.

Large-caps have been at the receiving side in the previous few months on account of foreign institutional selling, resulting in contracted valuations.

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Currency Tips : BUY GBP/INR ABOVE 98.65

Currency Tips :

BUY GBP/INR ABOVE 98.65 TGTS 98.80/99.00 SL 98.45

GBP/INR HIT 1ST TGT 98.80 CMP 98.82 BOOK PART PROFIT

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Sensex, nifty, commodity updates this year 1 Jan, 2016

Year 2015 might have become washedout year for local equities, but analysts at top brokerage firms estimate the equity benchmark Sensex to re-form up to the 35,000 level, a 30 per-cent upside from yesterday's closing of 26,117.54, in the year 2016. Click For Commodity Tips

In a poll conducted by researchers among 10 brokerage firms, the majority projected Nifty-50 to grow up to 38 per-cent in the year 2016 to scale a peak of 11,000 by Dec 2016.

For this year, the index was down by over 6 per-cent amid worries over an interest rate hike by the US Federal Reserve, decrement in the value of yuan, a crash in prices of commodity such as crude & a slowdown in world wide economic growth.

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Share market prediction for 2016 31 Dc, 2015

Previous Year 2015 saw Indian investors & traders move away from the trend of investing in physical assets such as real estate & gold said by Nilesh Shah, MD(managing director) of Kotak Mahindra Asset Management. Instead the focus was more on equities current year. He estimates this will continue in 2016 year as well.

Indian investors invested greater than Rs 65000 cr. in equity mutual funds in current year.

Year 2016 will be a more stock-specific year rather than a sector-specific one. Might be bullish on urban consumption on the back of the benefits that will accrue due to the implementation of 7th Pay Commission.

This year also saw a lot of USFDA problems for the Indian pharma sector. He said investors need to differentiate between companies that have superior quality track record. Shah has started accumulating pharma stocks that have started correcting on the back of event risks.

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Today mcx copper remains dominant 31 Dec, 2015

Copper futures ahead in the native market on yesterday as investors, traders and speculators booked fresh positions in the industrial metal amidst hopes that production cuts in China may decrease a supply glut.

In Accordance with media reports, nine leading Chinese copper producers have agreed to cut production of the base metal by an overall 200,000 metric tons in the January-March 2015 Q(quarter).

China is the world’s largest consumer of copper, accounting for more than 40 per-cent of the metal’s world wide consumption.

The focus is now on China’s official factory data set for release on last week Friday which may show that manufacturing shrank for a fifth straight in Dec month, highlighting weakness in the manufacturing sector of the world’s second biggest economy.

Copper may retreat today on profit-booking by investors, after the stellar gains in newely sessions, and ahead of this New Year.

MCX : February 2016 contract for Copper futures ended at Rs 318.4 per kg, up by 0.55 per-cent after opening at Rs 316.25, as compared to the previous ending price of Rs 316.65. It reached the intra-day high of Rs 318.85.

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HDFC, Bharti Airtel, L&T top gainers, Sensex starts flat 30 Dec, 2015

Today, The S&P BSE Sensex unlocked on a flat note in morning trade, led by gains in HDFC, ITC, HDFC, Tata Motors and Bharti Airtel.

The Nifty50 unlocked flat, but was still trading above its critical support level of 7,900, supported by gains in power, metal, realt, and capital goods stocks.

Shares of DB Realty discharged over 3 per-cent, while that of Tata Steel earned 1 per-cent. In the mean time, Religare shares  slided around 3 per-cent.

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India's pharma industry may reach USD 55 billion by 2020

Pharmaceutical industry : Country's pharma sector is about to grow over 3-fold to strike USD 55 billion in the up coming 5 years, even as the exports from the sector might slow down to grow at a CAGR of 7.98 per-cent owing to stricter regulations in market such as the Russia, US and Africa.

Indian pharmaceutical industry is estimated to reach 55 billion USD by 2020 as as compared to the current size of 18 billion USD but the exports may slow down to grow at a CAGR of 7.98 per-cent in value terms due to tightening of regulatory mechanism in top exports markets of US, Russia & Africa, reports said.

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Sensex Started Positive, ICICI Bank, Coal India, Infosys, Bajaj Auto Gainers 24 Dec, 2015

Today, The S&P BSE Sensex started on a positive note on the last trading day of the week. The market will remain shut on Friday due to a Christmas holiday.

The rally in the index was led by gains in ICICI Bank, Coal India, Infosys, Bajaj Auto, HUL, RIL and Tata Motors.

The Nifty-50 was trading comfortably above its critical psychological support level of 7,850, supported by gains in metal, power, oil & gas, capital goods stocks.

Other market updates : Japan's Nikkei were trading lower by 0.1 per-cent while Hong Kong's Hang Seng index was trading higher by 0.5 per cent and the South Korean Kospi was flat, while mainland China's Shanghai Composite was down 1.3 per-cent.

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Natural Gas spiked near 9% in domestic market 22 Dec, 2015

Natural Gas futures spiked around 9 per-cent in the native market on yesterday as investors, traders and speculators booked fresh positions in the energy commodity as colder weather in parts of the US(United States) bolstered the requirement outlook for the heating fuel in the world’s biggest gas consumer. The Commodity Weather Group called for cooler winter weather in the US Midwest in the up-coming days, raising hopes of a pickup in gas-fired heating demand at offices and homes.

Nearly 49 per-cent of US households use natural gas for heating purposes. Duration From the months November to March is the peak US gas heating season.

The newely sharp losses in NG(natural gas) amidst more than adequate storage levels also paved way for bargain buying, in the fuel, at existing levels.

MCX : December 2015 contract for Natural Gas futures ended at Rs 127.7 per mmBtu, up by 8.8 per cent, after unlocking at Rs 118.8, as compared to the previous closing price of Rs 117.4 It reached an intra-day high of Rs 128.

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Commodity tips : Buy lead above 112.75 21 Dec, 2015

MCX : BUY LEAD ABOVE 112.75 TGT 113.25/113.85/114.45 SL 112.25

MCX : LEAD BUY CALL HIT 1ST TGT 113.25 HIGH OF 113.30 BOOK PART PROFIT



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Today prices of Jeera & Chana ends high 21 Dec, 2015

Jeera prices ended high by 0.31% on Friday last week at the NCDEX as the investors increased their holdings in the commodity in the midst limited arrivals from emerging areas. 

NCDEX : January 2015 contract  for Jeera futures terminated at Rs. 14,640 per quintal, up by 0.31 per cent, after unlocking at Rs. 14,555 against the previous closing price of 14,595. It reached the intra-day high of Rs. 14,750.

Chana prices ends higher 1.46 per-cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders expanded their holdings in the commodity on account of the good requirement in the market. 

NCDEX : January 2015 contract for Chana futures closed at Rs. 4,868 per quintal, up by 1.46 per-cent, after unlocking at Rs. 4,785 against the previous closing price of Rs. 4,798. It reached the intra-day high of Rs. 4,878.

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