Monday, June 13, 2016

MCX Gold Up, MCX Silver and Crude fall

In the first trading day of the week, MCX gold is seeing gains. MCX Gold rose 132.00 points or +0.44% in the domestic market is at the level of 30,216.00 per ten grams. At the MCX, gold for August delivery rose 0.26 percent, to Rs 30,136 per ten grams level is reached.  

Gold prices have risen because of signals from the international market. About 4 weeks in the international market, gold is trading at the highest level. Britain's European Union referendum on staying or not staying before investors are putting money in safe investments. This gold is supported.  

MCX Silver is trading @40,910.00 with -158.00 pts or -0.38% down. CRUDEOIL is trading @ 3,254.00 with -44.00 or -1.33% down. NATURALGAS is at 174.10 with 2.10 or +1.22% down.

Friday, June 10, 2016

NCDEX Chana above Rs 500 | NCDEX Tips Intraday


NCDEX Chana Tips Intraday
The impact of the fall in demand and supply is being witnessed on the prices of chana. Delhi spot market NCDEX chana prices rose by Rs 500 a week is seeing. Prices of gram dal chana prices also are having an impact. During the last 8 days, chana dal prices in the retail market was 12 percent.  

Spot market prices increased by more than Rs 500: 
Lawrence Road, Delhi, prices of gram has reached Rs 6600-6700 per quintal. While a week ago, it was around Rs 6200 per quintal. Agarwal in Delhi Chana trader Radekrishn back inward gram chana prices due to weak stance. There is a growing demand for gram, while its supply is decreasing. Also Gram betting prices are rising too. Also Gram betting prices are rising too. 50 Lawrence Road in Delhi today gram trains were inward.  

Proposed ban on chana: 
Given the rising prices of gram chana government has asked SEBI to ban. Stock limits on chana prices continually on the rise, but it was already implemented. Therefore it is proposed to ban futures trading .

<ELL GOLD AUG MCX BELOW 29802 ( AVERAGE ON RALLY AROUND 29990) STOPLOSS ABOVE 30045 TARGET 29700, 29550 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.T61nedDa.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf

SELL GOLD AUG MCX BELOW 29802 ( AVERAGE ON RALLY AROUND 29990) STOPLOSS ABOVE 30045 TARGET 29700, 29550 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.T61nedDa.dpufvdml;klklkl
SELL GOLD AUG MCX BELOW 29802 ( AVERAGE ON RALLY AROUND 29990) STOPLOSS ABOVE 30045 TARGET 29700, 29550 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.T61nedDa.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf
SELL GOLD MINI AT CURRENT MARKET PRICE-29636 STOPLOSS 29770 TARGET 1 - 29500 TARGET 2 - 29350 - See more at: http://investmentguruindia.com/commodityintradaytips#sthash.Y5UKKRbA.dpuf

Thursday, June 9, 2016

MCX Gold Crossed 29000 | Commodity Bet Tips

The rise in MCX gold and silverr prices in the global market in the domestic market is also being witnessed. Delhi spot market, gold rose by Rs 130 per ten grams to Rs 29160 has been reached. MCX Gold in overseas markets and strong demand in the domestic market of jewellers support to gold prices.  

The boom in silver Rs 350 today. Silver rose to 39,500 per kg. Industrial units and coin makers demand from the silver boom of Rs 350 today. Silver rose to 39,500 per kg.  

Nymex gold rose more than $8 is trading at 1255. While silver rose by $0.38 to $16.78 per ounce remains. Delhi spot market, gold rose by Rs 135 per ten grams and 99.5 29160 99.9 carat gold carat gold reached 29 010 per ten grams. However, there was no change in the price of silver coins.

SELL GOLD AUGUST MCX BELOW 29692, SL ABOVE 29855 TARGET 29590, 29450

Wednesday, June 8, 2016

Jeera production projected to fall, the price can be Rs 170

Lower production estimates of Jeera prices could move higher. According to advance estimates for 2015-16, the government is expected to Jeera produced only 3.72 million tonnes . While nearly 4.86 million tonnes in 2014 -15 cumin was produced . In the wholesale market due to supply of good quality seeds and troubles have increased.  

Production dropped 28 percent in three years: According to the central government in the past three years has dropped by nearly 28 percent in the production of Jeera. April-December 2013-14, about 67,000 tons of cumin was exported, while during the same period in 2014-15 was around 1.25 million tonnes Jeera exports. 

Nearly 46 percent drop in exports of Jeera recorded this year. According to data from the Spices Board of India , around 67,000 tonnes in 2015-16 from April to December, exports of Jeera is found to be around 1.25 lakh tonnes during the same period in 2014-15.

Tuesday, June 7, 2016

RBI keeps Key Rate Unchanged | SBI, ICICI up 2%

The Reserve Bank of India governor kept the benchmark repo rate unchanged at 6.5 percent, largely on the back of strong economic tailwinds. Other key policy rates like Cash Reserve Ratio and Statutory Liquidity Reserve too have been kept unchanged. 

FY17 GDP growth target kept unchanged at 7.6%. RBI keeps repo rate unchanged at 6.50%. Rajan speaks as RBI keeps CRR unchanged at 4%. RBI says January 2017 CPI inflation target unchanged at 5% with upside. RBI says stay on hold but stance remains accommodative. 

The GDP growth target for the current fiscal has been retained at 7.rag6 percent by the RBI.

Monday, June 6, 2016

Gold fell by Rs 185, silver steady | MCX NCDEX Tips Today

In the first trading day of the week Bullion Market, gold prices have declined. While silver prices have not seen any difference. Delhi Bullion Market, gold fell by Rs 185 and arrived to Rs 29 040.  

Silver prices unchanged: The fall in gold prices, while silver prices have been recorded no change. Delhi bullion market on Monday, the price of silver is fixed at 39,200.  

The decline in the global market:
Domestic market as well as global gold prices have declined. In Singapore, gold prices have declined by 0.18 percent. Gold prices fell by 0.18 percent to 1.241.20 an ounce in Singapore has come. While silver is a slight downward trend. Silver prices fell to 0.03 per cent to 16.38 dollar an ounce.

MCX NCDEX Tips Today :
BUY RMSEED JUN AT CURRENT MARKET PRICE 4460 TARGET 4550 STOPLOSS 4400
SELL CRUDE OIL JUNE BELOW 3290 STOPLOSS ABOVE 3354 TARGET 3256-3216.

Friday, June 3, 2016

MCX GOLD @3 Month low |Silver rose by 200 |Commodity Best Tips

Gold prices are under pressure again today. Global market is on the decline in the domestic market. Gold prices have come down to 3 -month low. Delhi spot market, gold fell by Rs 145 per ten grams to Rs 28,720 has been reached. In addition to global pressures in the domestic market also saw a decrease in demand for jewellers.  

Silver gained Rs 200:
Domestic spot market, silver prices rose. The spot market of SILVER in Delhi Rs 200 to Rs 38,800 per kg on  silver touched. Demand from industrial units support to silver prices. In Delhi, gold fell by Rs 145 per ten grams.  

In the international market, gold and silver traded flat:
In the international market gold and silver are traded flat. On the Nymex, gold gained $ 1 to $ 1,213 an ounce and silver gained $ 0.05 to $ 16.07 per ounce remains. Silver coin prices in the domestic market did not see any change. Shopping for silver and Rs 66,000 for selling of 100 pieces for the price of Rs 67,000.

Thursday, June 2, 2016

SENSEX, NIFTY Choppy Today : 2 June 2016

Today the Stock Market opened Green. The BSE Sensex is trading at 26,716 up points, while NSE Nifty is trading at 8,183 up mere two points. 

BSE SENSEX is trading at 26673.33 with -40.60(-0.15%) Down. NSE Nifty is trading at 8167.60 with -12.35(-0.15%) points don. 

Gainers : Tata Motors, Coal India, Infosys, Wipro, M&M, HUL, HDFC Bank
Losers : ITC, Bajaj – Auto, L&T, Axis Bank, Cipla, Asian Paint

Where as in Commodity Market the NCDEX Gold rates again touched the 29,000 level and is trading at 28,635.00 with -11.00 pts or -0.04% down. NCDEX Silver is Trading at 38,493.00 with 33.00 pts or +0.09% down. 

Wednesday, June 1, 2016

NCDEX Jeera update to trade sideways | Commodity Best tips

NCDEX Jeera futures rose for a third consecutive session on Monday as market participants are expecting good physical demand and creating buying bet at lower levels.

The Jun NCDEX Jeera contract traded on NCDEX closed 1.11% higher to close at Rs 16, 390 per quintal . Spot prices also improved on local buying by traders and stockists.

NCDEX CrudeOilM Sell at 3279-3285 Target 3200 Stoploss 3330
 
SELL GOLDMINI JUL BELOW 28850 STOPLOSS ABOVE 29002 TARGET 28740-28600 

Tuesday, May 31, 2016

MCX GOLD and SILVER is Trading Low | Commodity MCX NCDEX Calls today

The drop in the international market and the domestic market, MCX Gold broke down to Rs. 800 and MCX Silver by Rs. 1300 is broken. Gold and silver, the largest weekly decline in 19 months.

It is believed in June that the US central bank is the Federal Reserve may raise interest rates. That is why its pressure on Gold and Silver prices.

MCX Gold Rs.800 and MCX Silver Rs. 1300 down

-Last Week, gold prices in the bullion market slipped a half month low of Rs 800 per ten grams to Rs 28,850 per ten grams, has arrived.

-MCX Gold Of 01 November 2014, is the largest decline since the week ended.

-The Silver prices fell by Rs 1300 to Rs 39,000 per kg fell down.

-This is the third consecutive week of decline for the domestic bullion market.

Wednesday, May 25, 2016

Gold, Silver, CrudeOil is @RED | Best Commodity Tips By Expert

Gold and silver prices today on selling pressure is being witnessed. June futures on MCX Gold is seeing a decline of 0.40 percent. Gold fell by Rs 111 to Rs 29,300 per ten gram, while MCX Silver futures also selling pressure continues to dominate. July futures fell by Rs 45 per kg to Rs 39,337 silver remains. 

Latest Update : MCX Gold is trading at 29,020.00 with -280.00 points or -0.96% down, MCX Silver is trading at 39,165.00 with -172.00 points or -0.44% down trend.  

MCX Crude prices on international markets, the effect of lead is being witnessed. MCX June crude futures rose by 0.76 percent to Rs 3,309 per barrel, with trades. Base metals traded mixed while being. Nickel and copper and zinc in the green remains in the red. 

NCDEX refined soya oil fell 2 percent while seeing NCDEX Chana July futures to Rs 6100 and Rs 6200 has moved beyond the August futures.

SELL ZINC MAY BELOW 122.85, STOPLOSS ABOVE 123.30, TARGET 122.55-122.20. 

Tuesday, May 24, 2016

NCDEX Chan to Trade Hitgher today; Commodity Best Tips


Chana futures recovered on Monday as market participants expecting supply crunch in coming months. However, reports of government to rela x VAT and other taxes weigh on spot prices. Chana futures for Jun delivery closed 0.95% higher to settle at Rs 5,950 per quintal.

However, reports of lower production and expectation of tight supplies in coming months may keep prices firm. In the third adv ance estimates (May 2016), chana production is revised downwards to 7.5 mt from 8 mt forecasted in 2 nd estimate (Feb 2016). 

MCX Gold Futures on Weak Note|Gold and Silver Update Today| MCX Bullion tip| Best NCDEX Calls

At Multi Commodity Exchange, gold prices for delivery in far-month August fell Rs 89, or 0.30 percent, to Rs 29,860 per 10 grams in business turnover of 83 lots. 

MCX Gold futures today fell 0.30 percent to Rs 29,860 per 10 grams as participants cut their bets amid a weak global trend. 

MCX Gold is trading at 29,628.00 with fall of -56.00 points or -0.19%

MCX Silver is Trading @39,495.00 with -170.00 or -0.43%

MCX CrudeOil is trading at 3,247.00 with -4.00 points or -0.12%. 

Today's MCX Call is a Sell Menthaoil Jun at Current Market Price 870, Target - 851, Stoploss - 881

Monday, May 23, 2016

Big drop in gold and silver | Commodity Best Tips for Today

Under pressure from a stronger dollar and a half percent globally over the past week due to the drop in the yellow metal in the domestic market, MCX Gold fell by Rs 375 per ten grams in a month low of Rs 29,650 arrived.

International markets fall amid local industrial demand, silver also declined 1,025 weekly one -month low of Rs 39,900 per kg reached. For the second consecutive week of decline in precious metals. However, during the week of the rupee against the dollar also slipped by one percent compared to the global markets, a low softening locally.  

Last week, the London MCX Gold spot prices weakened by 1.61 percent to $20.5 per ounce declined to 1272.7. US gold futures last trading day of the week, gold fell to $ 21.4 to $ 1252.9 per ounce was trading.

Commodity Best Tips Today :

Sell at 29630-29650 Target 29200 Stoploss 29880. 
SELL CRUDE OIL BELOW 3238 STOPLOSS ABOVE 3268 TARGET 3216-3195. 
 

Friday, May 20, 2016

Sugar Export Subsidies is Over | Commodity Best tips Today

Commodity best tips
Export subsidies on sugar mills is over. Centre cane price of Rs 45 per quintal subsidy scrapped government. Which has been informed by the notification issued. In view of rising sugar prices in the domestic market, the government has decided this.  

Due to Rising Price of Sugar This decision have been taken by Government. The cash-strapped sugar mills to pay dues to assist the Government in December 2015, announced the Chinese production subsidies, which are paid directly to farmers. The ministry said in a notification that production of food subsidy plan December 2,2015, was notified. 

Is withdrawn with immediate effect. According to the Chinese Ministry of Food prices rise in the wake of the plan being withdrawn. Sugar prices in the retail market at the moment are running at 35-40 per kg.  

MCX GOLD Trading @29,762.00 with -35.00 points or -0.12% Down. 
MCX Silver is Trading @39,894.00 with 54.00 points or +0.14% UP.  
MCX CRUDEOIL is Trading @3,320.00 with 41.00 points or +1.25% UP. 

Commodity Best tips Today by Experts:  

BUY ALUMINIUM B/W 104.5-104.7 TG 105.6 106.5 SL 103.4. 

BUY ZINC MAY ABOVE 125.80 STOPLOSS BELOW 124.80 TARGET 126.60-127.20.

Wednesday, May 18, 2016

MCX Gold traded at Gains Today | NCDEX Best Calls Today

Spot gold was little changed at USD 1,278.65 per ounce at 0042 GMT, after gaining 0.5 percent on Tuesday. MCX Gold is trading @30,000.00 with -49.00 or -0.16%. #3:52.

US gold futures rose 0.27 percent to USD 1,280.40. MCX Gold has rallied 20 percent this year on speculation that the Fed has slowed its expected pace of rate increases on concerns over the volatility in global markets. 

SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, said its holdings rose 0.56 percent to 855.89 tonnes on Tuesday, the highest since November 2013.  

MCX Silver with -374.00 points and -0.91% is trading at 40,806.00, MCX CrudeOil is trading at 3,243.00 with gains of 35.00 or +1.09%. 


MCX Gold Silver tips

Tuesday, May 17, 2016

MCX NCDEX Tips Today | Commodity Best Tips | Best Live calls


MCX Gold man Sachs estimate the improvement in crude prices continued to rise in the crude oil. During trading, crude oil has reached the 6-month high. While gold and silver have also seen gains in early trade. 

MCX GOLd is trading @29,974.00 with falls of -3.00 points and -0.01%, MCX Silver is trading at 41,064.00 with 77.00 points and +0.19% up. MCX CRUDEOIL is at 41,064.00 with 77.00 points and +0.19% up.

Best Live calls :
BUY CRUDE OIL AT CURRENT MARKET PRICE- 3223, TARGET 1 - 3255 TARGET 2 -3275, STOPLOSS 3193

BUY COPPER JUNE ABOVE 312, STOPLOSS BELOW 308, TARGET 316.20-319.

Monday, May 16, 2016

MCX Crude Prices Rose by 1.5 percent, MCX NCDEX Tips Today

MCX NCDEX Tips
MCX Crude prices in the global market has been about 1.5 percent. With 1.5 percent to $48 a barrel, prices have been exceeded. Increased tensions in Nigeria and Venezuela's support to crude prices.

In such an environment can have an effect on the supply of crude. MCX Crude prices on the domestic market jumped 1 percent to Rs 3,130.  

Lethargy in base metals:
Base metals slowdown trend is being witnessed. Copper fell 0.1 percent is trading below Rs 310. Nickel 0.1 percent to Rs 580 has arrived with osteoporosis. Lead and zinc is 0.2 percent. However, with aluminum rose 0.2 percent to Rs 103. Agri commodities, while soybean futures for July 4090 with a gain of 1 percent.  

Gold glitter:

Stand fast in gold prices in the global market in 1280 gold dollar is gone. Simultaneously Silver also gained 1 percent . MCX gold in the domestic market with a gain of 0.25 percent to close at Rs 30,100. However, silver has rallied strongly. MCX Silver is trading at 41,330.00 with 356.00 or +0.87% up.

Friday, May 13, 2016

Agri Commoldity Market Tips Today | NCDEX Soyabean Calls

Short term trend in Agri commodity Market looks volatile with a moderately bearish trend emerging for most agri counters from improved rainfall prospects in coming days. 

NCDEX Soybean futures closed flat as the prices tries to consolidate in current price levels as pre - season rains have arrived in largest soybean producing state of M P. Soybean Jun’16 contract closed 0.02 % higher to settle at Rs. 4,0 37 per quintal. 

NCDEX Soyabean Tips

We expect Soybean prices to trade sideways to down on anticipation of muted physical demand coupled with dwindling in supplies the spot markets. However, higher edible oil imports and lower meal export may keep the prices in check. 

SELL COPPER JUN AT CURRENT MARKET PRICE 309.60, TARGET - 305, STOPLOSS - 312.20

Thursday, May 12, 2016

12 May 2016, MCX Gold Silver to Trade Lower Today

Today, The MCX Gold and Silver is expected to trade at lower rates today. MCX Gold April contract declined slightly around 0.1 percent yesterday. The yellow metal touched an intra-day low of Rs27,958/10 gms and ended at the level of Rs28,085/10 gms on Tuesday. 

MCX Gold is trading @29,865.00 with -70.00 or -0.23% down.  

On the MCX, Silver March contract dropped around 0.4 percent yesterday and touched an intra-day low of Rs56,220/kg. The white metal ended its trading session at the level of Rs56,416/kg on Tuesday. 

MCX Silver is Trading at 41,325.00 with 59.00 or +0.14% up. 

Intraday Call for Today Commodity Market by Expert is SELL MCX GOLD M JUNE BELOW 29821, STOPLOSS ABOVE 30045, TARGET 29710, 29550. INTRADAY TARGET 29770-60 

MCX Gold Silver Tips

Wednesday, May 11, 2016

Stock Market closing Update | Commodity Best Tips

The market ended lower on Mauritius tax treaty. The Sensex slipped 175.51 points or 0.7 percent at 25597.02, and the Nifty ended 38.95 points or 0.5 percent at 7848.85  

Gainer and Loser for the Day : 

Axis Bank, Asian Paints, Maruti, NTPC and L&T were gainers while Bharti Airtel, SBI, Dr Reddy's Labs, Tata Motors and BHEL were losers in the Sensex.  

commodity Market Tips Today by Experts: 

BUY MCX MENTHA JUNE ABOVE 865.75 (AVERAGE ON DIPSA ROUND 853.50) STOPLOSS BELOW 850 TARGET 875, 885 

Tuesday, May 10, 2016

MCX Daily Update; Commodity Best Tips by Experts

PRECIOUS METALS: 
Supplies has been noted in the mcx Gold Jun contract after a bull run that has taken prices.The prices closed at Rs 29922 per 10 grams on 6 May 2016, against Rs 29991 per 10 grams on 3 May 2016. Gold is forming an evening star pattern that is bearish reversal and means that the prices can see further downside. 

The prices moved below important levels of Rs 30000 per 10 grams. A further move away from Rs 30K would be bearish for Gold as the bears will grow strong.

ENERGY: 
MCX CrudeOil futures faced gains after fourth consecutive day of declines. The prices have seen downtick in the last four outings from breakout stage which means that the breach of Rs 3000 per barrel as resistance again gets tough. The formation of three black crows in Crude Oil is indicator of trend reversal and minor recoveries will not be fruitful to tame this fall. 

The commodity is expected to move towards Rs 2850 per barrel that is again a important level because breach of this will open new avenues of selling. For medium term, supports for Crude Oil are at Rs 2853 and 2820 per barrel. Last night prices closed at Rs 2948 per barrel down 1.62%. Resistance is so far intact at Rs 2985 per barrel. The prices tested a high of Rs 2959 per barrel and a low of Rs 2944 per barrel.  

BASE METALS: 
A bearish reversal pattern is in the making in the prices of Copper. Copper declined from the resistance zones yet again and the trend continued till Thursday. MCX Copper on Thursday ended at Rs 319.10 per kg, down 2% against levels of Rs 325 per kg seen in the trading close on Wednesday. 

The trend reversal in Copper is confirmed with breach of Rs 320 on the lower side. Copper is expected to get resisted at Rs 320 and 322 per kg. Supports for Copper are at Rs 315 and 312 per kg. Breaching this level will mean further towards Rs 306 per kg. The prices tested levels of Rs 325.35 per kg as highs and Rs 318.5 per kg as a low.

SoyBean Jun NCDEX - Sell at 4067-4069, Target-4020, Stoploss-4090

Friday, May 6, 2016

On Akshaya Tritiya MCX Gold sales will be down|NCDEX Tips Today

This time on the occasion of Akshaya Tritiya gold and silver sales increasing every year. But the lack of market demand and rising gold prices has raised concerns in the jewelers. 

Due to the rising price of gold on Akshaya Tritiya traders believe that this time will reduce their sales compared to last year.  

Why not boost sales: 

All India Gems and Jewellery Trade Federation Chairman GV Sreedhar Hfke before the gold prices in February increased from Rs 26,930 to Rs 30,050 per ten grams has been occurred. 

So, this time on the occasion of Akshaya Tritiya unlikely to look too much shopping. Sridhar said the market sentiment remains positive. But due to the rising price of gold has decreased demand for expensive jewelry. 

Thursday, May 5, 2016

MCX CrudeOil is 2 Percent Up, MCX Gold beyond $ 1280

MCX Crude prices in the global market is recorded. On the NYMEX WTI crude rose above 44.5 jumped per $2. Brent crude has gained 1.5 percent. With 1.5 percent of Brent crude has risen beyond $45. MCX Crude on the domestic market is at Rs. 2980 with approximately 2.75 percent giant leap has been reached.  

Gold continues to be strong: 
Global markets are seeing strength in gold and silver. Comaks 0.5 percent of gold is trading above $1280. Comaks while silver prices have reached $ 17.4. MCX gold in the domestic market rose by 0.4 percent is trading at Rs 30 110. With 0.5 per cent growth, while silver rose to Rs 41,500.  

Base metals fall: 
MCX Copper fell 0.2 percent and arrived at Rs 325. While nickel weakened by 0.5 percent and arrived to Rs 627. While zinc is about 0.5 percent down. Agri commodities, while looking ahead to the cumin and sugar is too strong. While NCDEX sugar is also strong. While NCDEX sugar futures for July with a gain of 0.75 percent reached at Rs 3,560. 

Monday, May 2, 2016

Agri commodity Market Update | Best NCDEX Calls for Today

Dhaniya traded range bound: 
Dhaniya traded in range bound throughout the trading session. Spot markets are likely to witness limited supply of quality crops, which may attract good buying from the traders. Dry spell in the growing regions of Gujarat and Rajasthan may further support the price. On the other hand extended profit booking may limit the gains during the day. We recommend buy dhaniya futures for today’s trading session. 

Chana prices is high due to higher demand: 
NCDEX Chana futures gains yesterday as physical demand continue to increase on lower domestic supplies. Spot prices too gain due to good spot demand. Chana is in bullish note due to strong fundamental factors. Chana trade ended the day at RS. 5525 per quintal which is approx 2.05% up against its previous close. We recommend buy chana from lower levels for today’s trading session.  

Jeera futures are traded positive: 
NCDEX Jeera futures gain previous week due to good physical demand as there is concern over the production and good export demand. Assumption of some crop damage due to the extended dry spell in the growing regions of Gujarat and Rajasthan may further support the price. Jeera trade ended the day at RS. 17400 per quintal which is approx 0.43% down against its previous close. For today’s trading session we recommend buy jeera at lower levels.

Best NCDEX Calls for Today:
Intraday BUY MCX GOLD@ 30390.00, Target: 30500.00, Stop-loss: 30328.00

Friday, April 29, 2016

Free MCX NCDEX Calls | Tips Commodity Market Update Today

MCX NCDEX Tips
MCX Gold and MCX Silver is seen at gains level today. MCX gold gained nearly 1 percent in early trade today at Rs 30,000 per ten gram level is exceeded. MCX gold rose by Rs 274 per ten grams to Rs 29,960 is reached. 

While silver is also seeing at boom, MCX Silver rose by Rs 551 per kg in the domestic market at the level and reached of 41,595. 

Today, with gold, silver, crude oil prices continued to have a slight edge. Currently, MCX Crude is trading at Rs 3071 with barrel of 0.23 percent. Although oil prices in the international market is seeing a slight decline. 

Signals by OPEC countries to increase production of crude in the international market, given the level of 0.04 percent to 46.01 dollars a barrel. 

Buy Crude May in between 3070/3075 stoploss 3047 target 3110 

Thursday, April 28, 2016

NCDEX Turmeric futures are traded sideways | BUY SELL tips Today by Experts

Turmeric futures fell sharply during previous trade tracking higher arrivals in Erode and Salem market. And again its short cover due to profit booking. 

Expectation of export demand limited the fall for turmeric futures. NCDEX Turmeric trade ended the day at RS. 8386 per quintal which is approx 1.16% up against its previous close.  

BUY SELL Tips By Expert:
NCDEX Turmeric futures are expected to trade sideways during today’s trading session.

NCDEX Chana prices is Seen high due to higher demand | NCDEX Tips For Today

NCDEX Chana Tips
NCDEX Chana futures are expected to trade in a range bound level with negative by taking cues from government actions during today’s trading session.

NCDEX Chana is in bullish note due to strong fundamental factors. Chana trade ended the day at RS. 5517 per quintal which is approx 2.78 up against its previous close.

We recommend buy NCDEX chana from lower levels for today’s trading session.

Dhaniya traded range bound | Agri commodities Tips

Dhaniya traded in range bound throughout the trading session. Spot markets are likely to witness limited supply of quality crops, which may attract good buying from the traders.

Active buying from end user industries amid limited supplies of quality produce may also support the price to trade high. On the other hand extended profit booking may limit the gains during the day.

We recommend sell dhaniya futures for today’s trading session.

Tuesday, April 26, 2016

India's basmati exports increased 20%, At 3 years half price

Basmati exports despite farmers, businesses do not benefit from it. In the international market basmati prices are low due to over supply. Rice Exporters Association data showed that 20 percent of basmati exports is increases in April-December 2015, Despite it 14 percent decline is seen in earnings. 

In terms of the price of basmati trend during the last 3 years have been reduced to half the price. Both farmers and traders are suffering the consequences. 

 Exports increased 20 percent :

President of all India Rice Exporters Association of India MP Jindal said Gulf of basmati prices are boosting the stock. This is due to increased exports. The country is estimated to grow this year in production of basmati. Jindal said basmati prices are determined on the international market. The government and business can not do anything. 

Arab countries are the largest buyers of Indian basmati. India 's total basmati rice exports from April to December 2015 was 30.7 million tonnes, while in the same period last year was 25.7 million tonnes. Export prices being lower than last year not getting the benefit of it. Export earnings of $885 per tonne from April to December 2015, while last year it was 1,312 dollars per tonne. 

>>Best MCX NCDEX Calls Today By Experts

Friday, April 22, 2016

MCX Daily Market Update by commodity MCX NCDEX Calls


best ncdex calls

PRECIOUS METALS: 
Indian Gold prices closed with gains under its belt. The prices ended at Rs 29350 per 10 grams, up 0.11%. Indian Gold contract followed the footsteps of COMEX in terms of rise. COMEX Gold ended at crucial levels of $ 1250.90 per troy ounce. The recovery hopes in the world economic growth is paving way to Gold apart from Silver that is outperforming the markets.

MCX Silver futures are up about 24% this year, outperforming gold's more than 18% rise. Gold futures on the other hand also promised gains to investors and joined the bandwagon. The prices shined by 8% on COMEX at $ 1262.2 per troy ounce when last checked.

ENERGY: 
Crude oil prices were little changed Thursday morning after the European Central Bank announced it would implement the planned expansion of its asset purchasing program. At the same time, the ECB held steady on interest rates. WTI June crude oil was down 2 cents at $44.16, keeping most gains from a furious rally that took prices to their highest in 2016.

Indian Crude Oil May futures were down by Rs 19 per barrel and ended at Rs 2900 per barrel; in a single session. From current, a high of Rs 2950 and 3000 per barrel is on cards for Crude Oil as next level of resistance.

BASE METALS:
Indian Copper prices ended at Rs 330.75 per kg, up 1.02%. The prices are gaining momentum to now test Rs 336 per kg. When last checked Copper had gains of 1.24% under its belt. Comex Copper was also up 1.5% to trade at $ 2.27 per pound. Copper prices remained bullish in the session and tried to test new avenues not seen since August last year.

World stock markets climbed to their highest in almost five months on Thursday after a surge in oil prices boosted risk appetite, while the euro steadied ahead of a European Central Bank meeting. This has created a buying spree in riskier asset classes like Copper.

Wednesday, April 20, 2016

MCX NCDEX Market Update today : 20 April


Nymex WTI crude on global markets slipped 1.5 percent to $ 41. While Brent crude dropped 1.3 percent, to $ 43 with osteoporosis. MCX crudeoil on the domestic market is in the weakness of a half percent was recorded. 

MCX Crude prices have come down to Rs 2770. Natural gas, however, with a gain of 1 percent to Rs 138.4 is reached. MCX gold is trading around 0.1 percent to Rs 29,300. However, silver with 1 percent growth has gone beyond Rs 40150. 

Agri commodities slowdown:

Agri commodities cotton prices have declined. MCX Cotton is trading at Rs 17130. May futures on NCDEX sugar has decline to 4 percent to Rs 3385. While the slowdown trend in base metals is to find. 

MCX Copper fell 0.4 percent to Rs 325 has arrived. Rose 0.1 percent, while nickel was trading at Rs 610. The decline in zinc also dropped 0.25 percent to 127 rupee

SELL NICKEL APRIL MCX BELOW 602.25, with the STOPLOSS ABOVE 614.95 and TARGET-596.10,590. INTRADAY TARGET 598.50-598 

Monday, April 18, 2016

18 April: MCX Market Update | Commodity Best Tips

PRECIOUS METALS: 
Precious metals traded steadied on Friday after three days of declines as the U.S. dollar fall, gold weaken more than silver as gold/silver ratio fall on charts also supporting silver. SPDR Gold Trust GLD, the world's largest gold-backed exchange traded fund, said its holdings stood at 812.46 up 5.64 tonnes, from previous business day. Holdings of the argest silver backed exchange-traded-fund (ETF), New York's iShares Silver Trust SLV, stood at 10366.70 down 29.59 tonnes, from previous business day. 

ENERGY: 
MCX Crude oil prices fell on outcome of oil producers weekend meeting in Doha, with their failure to reach even a weak agreement showing very publicly their divisions and inability to act in their own interests. Kuwait reduced its crude oil output and refining production on Sunday as part of an emergency plan to help the OPEC member deal with the largest etroleum workers' strike in years. 

BASE METALS: 
Industrial metals fell on Friday after strong Chinese economic data raised fears that government stimulus programmes in the top metals consumer are not sustainable, and as the market also looked ahead to a key meeting of oil producers. Heavy rains in central Chile have prompted global miner Anglo American Plc and state-owned producer Codelco to temporarily uspend operations at two major copper mines with combined annual capacity of 880,000 tonnes. 

MCX GOLD JUNE:
RESISTANCE2:29600
RESISTANCE1: 29300
SUPPORT1:28700
SUPPORT2: 28500

MCX SILVER (MAY): 
RESISTANCE2:39500
RESISTANCE1: 39000
SUPPORT1:37800
SUPPORT2: 37400

For Commodity Free Calls Today Click Here

https://goo.gl/9NzG2k
 

Wednesday, April 13, 2016

The decline in Gold and Silver, MCX CrudeOil dominating on the quarterly

Tuesday's record rally in MCX Crude has continued to fall today. Brent crude in the international market fell half a percent to $44.44. In Early Trade MCX Crude is trading at 2767 with a fall of 0.54 percent. 

These fall after record gains in crude due witnessed profit booking. With this supply is expected to rise also weighed on prices. US crude stocks rose last week 6.2 million barrels. After which the supply is likely to increase prices to dominate. 

In early trading, while gold and silver prices have also declined. MCX Gold in early trading 0.33 per cent down at Rs 29240 per 10 grams level. Meanwhile, silver fell by 0.63 per cent level is 38070. Metal prices fall in gold prices in the global market because of the pressure has been reported. 

Tuesday, April 12, 2016

Commodity market at boom|MCX Crude beyond $ 42|MCX NCDEX Tips

Estimates of production decline in the US surge in crude oil prices have been recorded. Brent crude prices rose above $42. At domestic market the MCX crude oil with 1 percent up is at Rs 2,650. 

The decline in the dollar, while gold has increased brightness.While silver is nearly 0.5 percent boom. MCX gold in the domestic market with a gain of 0.5 percent and is trading at Rs 28,300. While silver gained 0.25 percent to trade Rs 36,800 remains. 

Agri commodities lead:  
Agri commodities soya oil is showing growth , while there has been a sharp rise in guar seed. NCDEX May futures of Soya Oil rose 0.3 percent and is trading at Rs 667.8. The May futures on NCDEX guar seed jumped 1.5 percent and reached to Rs 3,430. 

Modest boom in base metals: 
Aluminium rose 0.1 percent on MCX is trading at Rs 101.2. Copper with a gain of 0.4 percent is trading above Rs 309. Lead gained 0.5 percent and the price has risen to Rs 114. while zinc With a gain of 0.5 percent, Is trading at Rs 117.8. 

Intraday Call by Experts :
Buy NCDEX Kapas April between 782 – 786, SL – 770, Target – 805 / 810


MCX NCDEX Tips

Monday, April 11, 2016

Malaysia's Crude Plam Oil exports to India rises 84.53%| MCX NCDEX Tips Today

MCX Tips Today
India meets 70 per cent of edible oil demand in the country through imports. Malaysia's CPO exports to India reached 327,627 mt in March from 177,541 mt in February. 

The big palm oil refiners in India has recently found themselves in trouble as imported crude and refined palm oils from Malaysia and Indonesia are available at the same price in India. 

MCX Crude Palm Oil is trading at 555.3 with 4.6 percent loss. SELL @560, Target = 556.5.

Friday, April 8, 2016

MCX Crude prices 2.5 percent UP, A Slight Weakness in MCX Gold

Crude Prices have been recorded with a jump of 2.5 percent in global . While the price of Brent has risen beyond $ 38.5. It is believed that after the statement of Kuwait on the refrigerator production crude prices has seen up. MCX Crude on the domestic market with a giant leap of 3.5 percent reached Rs 2460.

Slight decline in gold: 
Yesterday's sharp decline in the global market in gold was modest. Comex Gold prices remained at $ 1230. MCX gold began to flatten in the domestic market is trading at Rs 28770. With a slightly sluggish 0.1 percent, silver also fell to Rs 36,000.

Agri commodities slight weakness: 
NCDEX sugar with a slightly sluggish 0.1 percent arrived at Rs 3495. SoyOil prices have risen to Rs 649.5.

Base metals gain: 
At the Multi Commodity Exchange, aluminum in the domestic market rose 0.2 percent, while copper rose 0.5 per cent is trading at Rs 317. While zinc is trading at Rs 120, with rose 0.2 percent.

MCX NCDEX Tips



Thursday, April 7, 2016

MCX Crude prices Up by 2.5 Percent, Slight Weakness in Gold

2.5 percent jump in global crude prices have been recorded. While the price of Brent has risen beyond $ 38.5. It is believed that after the statement of Kuwait on the refrigerator production has seen crude prices.

MCX Crude on the domestic market giant leap of 3.5 percent reached at Rs 2460. 
 
Slight decline in MCX Gold: 
Yesterday's sharp decline in the global market in gold is modest. Comex gold prices remained at $1230. MCX gold began to flatten in the domestic market and is trading at Rs 28770. With a slightly sluggish 0.1 percent MCX silver also fell to Rs 36,000. 

Agri commodities slight weakness: 
NCDEX sugar with a slightly sluggish 0.1 percent to Rs 3495 has arrived. SoyOil prices have risen to Rs 649.5. 

NCDEX Tips

Monday, April 4, 2016

MCX Gold and Agricultural commodities at boom | NCDEX Tips Today

US non-farm payroll data in the mixed trend in the commodity market. COMEX gold fell by 0.3 percent recorded. MCX Gold prices in the global market has come With 0.3 per cent to $ 1,230 an ounce. 

MCX gold in the domestic market with a gain of 0.1 percent reached Rs 36.4775.

The decline in crude oil: 

In Global Market with Gold, crude has been also fallen. CrudeOil Fell by 1.5 percent to trade at $40 a barrel. About 2 percent on MCX crude is back Fell 2 percent after crude dropped to Rs 2,525. With a gain of 0.5 percent, while natural gas is trading at Rs 130. 

Agri commodities boom: 

NCDEX Jeera seems with a gain of 0.25 percent to trade at Rs 15,600. Turmeric 1 percent increased and trading at 8190. Cumin has gained marginally, While turmeric has been strengthened.

MCX NCDEX Tips :
SELL COPPER APRIL BELOW 317.50, TARGET - 312, STOPLOSS - 321


Friday, April 1, 2016

Non Subsidized cylinders 4 Rupees low, Fuel Prices increased

Without subsidized LPG price got cheaper by Rs 4 told by Oil marketing company IOC. Now it will get Rs 509.50 instead of Rs 513.50 cylinder. 

While ATF or jet fuel prices has been enhanced by Rs 3,319 per kl . Jet fuel prices in Delhi increased from 38,785 to 42 157 liters per kg.

The cylinder will be @Rs 509.50 :
The nation's largest Company OMC, IOC after deduction of Rs 509.50 in Delhi will no subsidized cylinders. 

While in Mumbai the price of non-subsidized cylinder has been declined from Rs 522.50 to Rs 518.50. New price in Kolkata and Chennai, Rs 521 previous it was 536.50.


MCX NCDEX Tips

Thursday, March 31, 2016

Modest gains in MCX Gold, MCX CrudeOil and Metals fall

Record stores in the US has increased pressure on crude prices. NYMEX crude prices at $ 38, While Brent crude prices are below $40. MCX Crude oil fell 1 percent to Rs 2,525. while natural gas is trading at Rs 132.4 with osteoporosis of 0.3 percent.

Modest gains in MCX Gold:
Gold prices fell by 0.07 percent on the Comex under $ 1230 is reached. While silver is at $15, with a slight decline. With a gain of 0.15 percent on MCX gold is trading at Rs 28450. while silver is at Rs 36400 with a gain of 0.2 percent. 

Lethargy in base metals:
Base metals slowdown trend is being witnessed. Copper fell 0.4 percent to trade at Rs 320. While lead is at Rs 114 with fall of 0.1 percent. While zinc fell 0.3 percent. 

Agri commodities weakness:
Agri commodities cotton oilcake trick is weak, while cumin is also dropped. NCDEX cotton oilcake with a weak 0.4 percent and trading at Rs 2240. NCDEX jeera is Down 0.7 percent to trade at Rs 15,400.

MCX NCDEX Tips

Wednesday, March 30, 2016

Agri Commodities Market Update Today : 30 March

Turmeric April futures traded on a slipped on Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). NCDEX Turmeric trading range for the day is 8170-8622. Market sources however expect further fall to be limited as summer season North Indian demand and export demand are expected to pick up in coming weeks. 

Buy Turmeric @8350, SL-8150,TGT- 1 / TGT- 2-8550/ 8880 

Chana futures traded on a Negative note decreased demand on Tuesday (5.00PM). Chana May l contract lost -0.36% to 4467 levels. NCDEX Chana trading range for the day is 4385-4583. But an overall fall in Pulses production reports could also keep overall sentiments firm for the commodity. 

BUY Chana @4430,SL-4380,TGT- 1 / TGT- 2-4480/ 4540 

The NCDEX Soyabean April futures slipped by -1.77% in the last trading to close at 3994 level till Tuesday closing. Ref.Soya oil trading range for the day is 636-648. NCDEX Soyabean trading range for the day is 3933-4119. NCDEX accredited warehouses soyabean stocks gained by 121 tonnes to 41132 tonnes. 

SELL Soyabean @4040, SL-4090, TGT- 1 / TGT- 2-3990/ 3940 

Commodity NCDEX Tips

Tuesday, March 29, 2016

MCX NCDEX Tips | Commodity Best Tips | MCX Live calls | Agri Tips By Experts

Today the MCX Gold Prices is declining for the second consecutive day. Had lower levels of gold a month ago, which continues today. Currently, 0.12 percent on the Comex, gold is weak. $ 1,220 per ounce on the Comex, gold prices have been coming down. 


Light declined, while silver is trading at $ 15. MCX gold in the domestic market declined by 0.25 percent to Rs 28,400 has come down. With a slightly sluggish 0.1 percent, while silver fell to Rs 36,525. 

MCX Crude has declined in global markets. 0.41 percent on weakness with Nymex crude has come down to $ 40. while in Brent crude 0.51 percent weakness has been seen. 0.51 percent with weakness has come close to $ 40. While MCX crude oil slipped 0.3 per cent to Rs 2625. 

Agri commodities weakness:  
NCDEX soybean with 0.5 percent has come down to Rs 4,050. NCDEX Chana 0.5 percent to Rs 4530 has come with osteoporosis.

Monday, March 28, 2016

MCX Gold is 1 month Low price | Commodity Best Tips | MCX NCDEX Calls Today

Because of the rise in US crude reserves was a decline in crude oil. However, at the beginning of the week, crude has bounced back. 

Currently, NYMEX WTI crude reached at $ 40 with a gain of 1 percent. Brent crude reached to $40.6 with rise of 0.5 percent. 

MCX GOLD at One Months lowest levels:
Comex gold prices dropped to the lowest level in nearly a month. COMEX gold fell by 1 per cent to $ 1,211 per ounce. The gold is at lowest level since February 22 . However Comaks silver rose by 0.25 percent to $ 15.2 per ounce level. At the MCX, gold fell by 0.75 percent to Rs 28400. 

while silver fell more than 0.25 percent to trade at Rs 36,550. It is believed that the Fed meeting in April, interest rates can be increased. The US central bank in the previous meeting clearly indicated that 2016 interest rates may have increased 2 times. 

Agri commodities boom:
Agri commodities have risen in cumin. NCDEX Jeera with 2 percent rise reached at Rs 15700. The Rs 4465 per gram reached 1.75 percent.

Commodity Best Tips | MCX NCDEX Calls Today

 

Friday, March 18, 2016

The Indian crude basket crosses $ 38 | MCX NCDEX Tips Today

MCX NCDEX Tips
Indian crude basket price exceeded by $38 a barrel on Thursday. Oil prices are likely to increase. Strengthening of the rupee against the dollar put pressure on the oil companies has shrunk slightly. 

According to data released by the oil ministry on Thursday against Wednesday's price of Indian basket of crude oil at $ 1.95 a barrel to $ 38.05 per barrel, or about 5 percent more expensive and reached 38.05 dollars per barrel. However, the 0.7 percent growth witnessed in the rupee. 

With the help of appreciation in rupee decline in the Indian rupee against the dollar basket of crude oil has dropped. According to the oil ministry on Thursday, crude oil basket was at 2545 per barrel. 4.68 percent, as compared with the previous session witnessed.  

MCX Crude prices continued to rise on Wednesday as oil companies increase prices of petrol and diesel. Similarly , if crude prices continued to rise till the end of March, There would be no hope in prices of CrudeOil. The rise in prices is also possible.

BUY GOLDMINI APRIL ABOVE 29450, STOPLOSS BELOW 29300, TARGET 29560-29680. 


Thursday, March 17, 2016

MCX Gold up by 2.5 percent, Crude oil beyond $ 40

The US Federal Reserve's decision to not raise interest rates after the strong rally in gold. Comaks gold rose 2.25 percent and is trading at $1258. While silver is also seeing a boom. 

With 2.3 percent growth Comaks silver has reached $15.6. The same with a gain of 1.5 percent on MCX gold is trading at Rs 29,400. MCX Silver with a gain of 1.5 percent is trading at 37,450 rupees.  

Base metals boom :

Base metals rose 0.2 percent aluminium is trading at Rs 101. MCX Copper prices have reached Rs 337, nearly 1 percent gains. while nickel is reached to Rs 583 with 0.8 percent up.  

Agri commodities bounce :

At the Multi Commodity Exchange , mentha oil with 0.25 percent high is trading at Rs 873.3. NCDEX guar seed at Rs 3075 with a gain of 0.5 percent.

>> MCX NCDEX Tips



Friday, March 11, 2016

11 March : Agri Commodity Market Updates | NCDEX Jeera Tips

NCDEX Jeera Tips
Prices of Indian agri commodities cooled down a bit after the moderate recovery seen over last few days. Most of the Agri Commodities are traded with moderate trends.

Spices, NCDEX Chana and NCDEX Guar traded moderately firm as any rains in growing areas would adversely affect the standing Rabi crops.

Improved demand prospects in coming days on the domestic and export front is also supporting prices.

Yesterday the Jeera prices at National Commodity & Derivatives Exchange Limited (NCDEX) closed higher by 0.84 closed at 14,955.


Wednesday, March 9, 2016

MCX gold and silver is down | MCX Live calls | NCDEX Tips Today

Because of weak global cues futures trade, Gold and Silver prices have declined. MCX Gold price for June delivery fell 0.52 percent or Rs 158 per ten grams to trade at Rs 29940. While the price of gold for delivery in April fell by 0.50 percent or Rs 148 per ten grams is at 29661 level. 

MCX Gold prices fall is mainly due to a slowdown in global prices. In the international market the level of Gold has come to $1254 per ounce with Fell 0.54 percent. 

In Silver with gold futures trading has also declined. On the MCX, silver prices for May delivery fell 0.79 percent or Rs. 297 to trade at Rs 37,130 per kg. The prices for delivery in June fell by Rs. 262 per kg to trade at 37,613. 

MCX NCDEX Tips Today:
Buy Crude March in between 2485/2480 stoploss 2465 target 2540. 

mcx live calls

Tuesday, March 8, 2016

Buffer stock exceeded the target for the purchase of pulses

Government buffer stock for the purchase of 51 thousand tonnes of kharif pulses. The procurement target has been more than a thousand tons. The government has said that states can begin the purchase of Rabi pulses. 

These pulses like lentils and peas pulses come. Government buffer stocks to buy one million tonnes of pulses is targeting. On Monday, Inter- ministerial meeting was held on commodity prices and there availability.

 The meeting also reviewed the production of pulses, except tomato’s. According to the government , this time the tomato production to be higher than last year's by 11.6 percent. At the same meeting, with the help of a new breed of tomato's in tomato production in new areas were considered.



 

Friday, March 4, 2016

MCX Crude can be expensive by 70% in a year, fuel prices will increase

Global crude prices could go up to $ 55 in the next 12 months. According to a report by UBS since the second half of 2016, crude prices may be recorded. 

It will have a direct impact on the prices of petrol and diesel in the country and is likely to see an increase in prices. Will see a direct impact on inflation. 

Prices will increase by the end of 2016: 

According to the report, short-term crude oil prices to $ 25 per barrel may occur. But in the long term is likely to see a recovery in prices. Balance end of 2016, due to market sentiment, prices of crude could reach $ 55 a barrel. 

According to the report from the second half of 2016, crude oil prices will start to see a recovery. According to the report, Saudi Arabia, Nigeria and African oil exporters to balance their budgets is essential for prices.

MCX CrudeOil Updates