Turmeric trading range for the day is 6916-7176 -

Trading Ideas

Turmeric

Turmeric trading range for the day is 6916-7176.

Turmeric prices ended with gains driven by rising demand in the spot market.

As of now turmeric crop is good condition in all the major producing centres and new crop may start pouring in markets by January end.

14/11/2017 10:21:45 AM | Posted in Commodities Reports read full news
Sell Gold Dec @ 29590 SL ABV 29672 TGT 29510-29445 - Kedia Commodity

MCX GOLD UPDATE

Gold prices edged higher settled at $1278.90/oz, up $4.70 amid an uptick in safe-haven demand as investor uncertainty over the outcome of tax reform continued while a slump in sterling boosted the dollar which capped gains in the precious metal. The House of Representatives is expected to vote this week on a major tax reform bill amid u

14/11/2017 9:58:58 AM | Posted in Commodities Reports read full news
Gold Prices Retraced Lower Amid Heavy Volumes On The Comex - IIFL

Commodities
Gold Prices Retraced Lower Amid Heavy Volumes On The Comex, With Some 40,000 Lots Reported In A Manner Of Minutes just Around Mid-day In US, Which Weighed On The Market For Entire Trading Session On Friday. However, Such High Volumes In A relatively Short Span Is Not Peculiar Given That Is Has Occurred On Sever

13/11/2017 5:33:49 PM | Posted in Commodities Reports read full news
MCX Crude oil Nov as seen in the weekly chart above has opened the week at 3,600 levels - Angel Commodities

MCX GOLD Dec (CMP – 29,491 / $ 1275.20)

MCX Gold Dec as seen in the weekly chart above has opened the week with gap up at 29,200 levels and at the starting of the week price made a weekly low of 29,109 levels. Later on price could not able to sustain on lower levels and rallied sharply and made weekly high of 29,696 levels. At the last trading se

13/11/2017 2:53:50 PM | Posted in Commodities Reports read full news
Commodity Report By Enrich ( Silver, Zinc, Copper and More...)

ALUMINIUM

Technical View

The Aluminium market Daily Chart has formed “Broadening Right angled ascending” chart pattern. The previous session market seems to have already broken the channel’s support level but ended up as a failure which could mean that market can be revived to bullish moment

13/11/2017 1:11:41 PM | Posted in Commodities Reports read full news
Jeera trading range for the day is 18700-19000 - Kedia Commodity

Trading Ideas

Turmeric

Turmeric trading range for the day is 6860-7180.

Turmeric prices dropped tracking weak physical demand and good supplies.

The prices have been pressurized on reports of steady physical demand and good supplies from the government auctions.

NCDEX accredited w

13/11/2017 12:21:39 PM | Posted in Commodities Reports read full news
Guarseed10 trading range for the day is 3542-3804 - Kedia Commodity

Trading Ideas

Menthaoil

Menthaoil trading range for the day is 1567.7-1807.7.

Mentha oil prices ended with 4 percent lower circuit as pressure seen after imposition of 20 percent Special Margin on long side.

Besides, ample stocks position on increased supplies from major producing regions

13/11/2017 12:12:38 PM | Posted in Commodities Reports read full news
Ref.Soya oil trading range for the day is 704-726 - Kedia Commodity

Trading Ideas

Soyabean

Soyabean trading range for the day is 2816-2890.

Soyabean prices ended with losses amid higher arrivals from new season crops.

USDA trimmed 2017-18 US soybean production and ending stockpiles forecast marginally for November, the department said in its WASDE report.<

13/11/2017 12:00:20 PM | Posted in Commodities Reports read full news
CPO trading range for the day is 559.8-575.2 - Kedia Commodity

Gold

Gold on MCX settled down -0.57% at 29491 as U.S. Treasury bond yields rose, but losses were limited by weaker stock markets and the dollar, which fell due to uncertainty over U.S. tax reform. The dollar was set for its first weekly fall in a month as disappointment that a landmark U.S. tax overhaul may be delayed until 2019 put a brake on the curr

13/11/2017 11:21:28 AM | Posted in Commodities Reports read full news
MCX Cotton Nov futures closed lower last week prices - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean futures closed lower last week as soybean arrivals have peaked, which put pressure on physical as well as futures prices. As per Agmarknet data, the arrivals in 1-10 Nov increased to 5.34 lt compared to 4.6 lt last year for same time. Arrivals since October in 2017 is ab

13/11/2017 10:58:26 AM | Posted in Commodities Reports read full news
Crude Oil market hourly Chart has formed `Bullish pennant chart` pattern - Enrich Commodities

CRUDEOIL

Crude oil prices dipped lower on Friday, as investors were upset over an uptick in U.S. production but losses were limited as expectations grew that Opec would extend its agreement on output restrain.

A report from Baker Hughes showed the number of oil rigs operating in the US rose to the highest in almost a month by 9 to 738.

13/11/2017 10:18:16 AM | Posted in Commodities Reports read full news
Gold market 4hr Chart has formed `Rising Wedge` pattern - Enrich Commodities

GOLD

Gold prices dropped steeply on Friday but remained on track to crack three to three-week losing streak against dollar weakness.

Gold prices fell 1% intraday as investors appeared to wind down their bullish positions on gold amid current dollar weakness.

U.S. Senate Republicans unveiled a tax plan on Thursday that was significa

13/11/2017 10:12:53 AM | Posted in Commodities Reports read full news
Sell Gold Dec 2017 @ 29550 SL 29650 TGT 29450-29380 - Kedia Commodity

MCX GOLD UPDATE

Gold prices turned lower as U.S. Treasury bond yields rose, but losses were limited by weaker stock markets and the dollar, which fell due to uncertainty over U.S. tax reform. The dollar was set for its first weekly fall in a month as disappointment that a landmark U.S. tax overhaul may be delayed until 2019 put a brake on the currency&

13/11/2017 10:05:15 AM | Posted in Commodities Reports read full news
Commodity Report By Enrich ( Silver, Zinc, Copper and More...)

Aluminium

Technical view: Aluminium daily technical chart has formed “Broadening Right angled ascending” chart pattern. The last session has broken the pattern itself and has given a “long legged Doji” like pattern which confirms the sell signal in the market. Expectations are higher that market

10/11/2017 12:24:12 PM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 933.4-993.4 - Kedia Commodity

Trading Ideas

Turmeric trading range for the day is 6790-7306.

Turmeric prices gained amid firmness in domestic as well as export demand in the spot market.

In Tamil Nadu, turmeric growing regions still no rainfall reported only coastal regions received higher rainfall currently.

NCDEX accredited warehouses turmeric stocks

10/11/2017 11:53:14 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 18133-18393 - Kedia Commodity

Trading Ideas

Menthaoil

Menthaoil trading range for the day is 1694.3-1727.3.

Mentha oil jumped over five-year high on limited stock amid robust demand. Prices of mentha oil were up on limited stocks in the warehouses against surplus demand.

Stock positions of mentha oil accredited warehous

10/11/2017 11:41:23 AM | Posted in Commodities Reports read full news
Crude oil 4Hr technical chart has formed `Ascending broadening wedge` pattern - Enrich Commodities

Crude oil

Crude oil prices edged higher on Thursday despite the current unrest in the Middle East while Saudi Arabia’s plan to cut crude exports lifted sentiment.

The reports of Saudi’s plan to reduce exports came as investor fears grew of instability in the Middle East after Saudi Arabia warned its citizens not to travel to Leba

10/11/2017 11:21:14 AM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 933.4-993.4 - Kedia Commodity

Gold

Gold on MCX settled up 0.43% at 29661 prices rose to three-week highs in yesterday’s session amid a slump in the dollar on fears that the Senate would delay corporate tax cuts until 2019. Gold prices added to gains after the dollar fell on reports that Senate Republicans on Thursday will propose delaying a cut in the corporate tax rate from

10/11/2017 11:16:09 AM | Posted in Commodities Reports read full news