Commodity Trading Tips For 18th Dec 2012 - Monarch Project

Copper Ease Amid Rise In Inventories

The metal edged up in early moves amid a mixed outing for Asian stocks as the weakness in US dollar sup-ported the sentiments. The LME Copper futures slipped after a massive rise in inventories data though and currently trade at $8021, down $51 per barrel on the day. Last week, the metal jumped to two and half month highs as HS

Commodity Chart Picks 18th Dec. 2012 - JRG Securities

Soybean Jan NCDEX

Decline in CBOT prices may put some corrective pressure on NCDEX Soybean prices today. The resistance is seen at 3471 levels and one should keep SL above the same for intraday shorts.


Copper Feb MCX

Commodity Trading Tips For 17th Dec 2012 - Monarch Project


* U.S. mines produced 20,500 kilograms of gold in September, a slight increase versus August output, said the U.S. Geological Service Friday.

* August’s output was 20,400 kgs. The average daily gold production for U.S. mines was 683 kgs in September, compared with 657 kgs per day for August, and 641 kg/d for th

Commodity Outlook For 17th Dec. 2012 - Kedia Commodity


Gold ended at 31208, but in international gold closed below the key $1700 level, little changed on the day, as market players continued to monitor negotiations among US lawmakers to avoid the looming “fiscal cliff” crisis. Investors continued to monitor developments surrounding the fiscal cliff in the US, approximately $600 billion in autom

Agri Buzz Commodity Update For 17th Dec. 2012 - JRG Securities

• Pepper futures ended on flat note on Saturday after rebounding from contracts low in last week

• Deliveries are negligible (6 MT) in December contract as overall stocks remain low

• Meanwhile, export demand and domestic demand remains weak as buyers are waiting for fresh crop arrivals in next few weeks 


Weekly Commodity Market Report - Monarch Project


Due to global economic improvement & positive unemployment numbers of U.S. as well as additional stimulus program by the side of FED  push down the demand of safe heaven in domestically also in international market. Due to marriage session we had seen some demand in  the spot market which had support prices to sustain above 31100 level.

Weekly Currency Market Report - Monarch Project

Global News Flashback

* Japan's economy is technically in recession after it contracted for two straight quarters, according to fresh data released by the authorities.  Japanese April-June gross domestic product (GDP) was revised to a 0.1% contraction at an annualized pace or a 0.03% decline from the  previous quarter, the Cabinet Office said

USDINR Dec 55 Put Option: Sell Around 0.80-0.90 Targeting 0-0.05 - JRG Securities

After a sharp recovery from a low of 52 towards 56.10 levels, the market started easing off and seen a dip towards 54 levels which is just 50%  retracement of the recovery trend. The market has formed a falling wedge and rates have broken the upper trend line of the pattern suggesting  a possible upward momentum. Currently, the market is trading below the 10 and 20 day’s EMA

Buy Mentha Oil For Target Rs. 1485-1540 - Kedia Commodity


Menthaoil October contract gained Rs 29.9 and settled at Rs 1227.5 on short covering tracking firm spot demand but overall outlook remain
berish for near term as prices continued to be pressurized by the recent ban on Gutka in some states also there is still time gap for winter
season demand from pharmaceutical companies as they are usin

Commodity Outlook For 14th Dec. 2012 - Kedia Commodity


Gold yesterday also traded with a weak tone and settled at 31227 that is fall by -0.54% tracking gold in international which sustained below $1700 mark the weakest level since Dec 7 as fears the Fed might withdraw its economic stimulus if the job market improved dramatically prompted funds to reduce their bullish bets. Liquidation by large institutiona

USD/INR Trend Expected To Stay Sideways To Positive For Intra-day - JRG Securities

Market Review

The Indian Rupee fell for second consecutive session on Thursday dragged by late session drop in the local stock markets which was conjugated with moderate decline in EURUSD. Markets were also cautious ahead of the big monthly domestic inflation reading to be announced on Friday. At the end of day, the partially convertible Rupee closed at 54.46 to t

Commodity Trading Tips For 14th Nov 2012 - Monarch Project



* Comex gold futures prices ended the U.S. day session solidly lower Thursday, on some fresh technically based selling that began in early  Asian trading and then spread to Europe and the U.S. The key outside markets were also in a mildly bearish posture for the precious metals&nbs