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MCX copper could top ₹700 - The Hindu BusinessLine


MCX copper could top ₹700
Akhil Nallamuthu
BL Research Bureau |
Updated on
April 13, 2021
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Copper has been one of the best performing commodities over the past year and as a result the price of futures continuous contract on the Multi Commodity Exchange (MCX) went up from about ₹360 in March last year and topped ₹745 in the last week of February.
But the futures contract witnessed sell-off in the last week of February and in the first week of March. Consequently, the April futures contract dropped from about ₹732 to ₹664 levels, losing about nine per cent. Nevertheless, the contract started to move in a sideways trend wherein it was largely oscillating between ₹664 and ₹682. ....

Multi Commodity Exchange , Akhil Nallamuthu Copper , Base Metal , Technical Charts , Stop Loss , பல பண்டம் பரிமாற்றம் , அடித்தளம் உலோகம் , தொழில்நுட்ப விளக்கப்படங்கள் , நிறுத்து இழப்பு ,

NCDEX mustard seed may top ₹6,300 - The Hindu BusinessLine


NCDEX mustard seed may top ₹6,300
Akhil Nallamuthu
BL Research Bureau |
Updated on
April 05, 2021
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The futures contract of mustard seed on the National Commodity and Derivatives Exchange (NCDEX), which has been moving in a sideways trend since November last year, had its base at ₹4,900. While this acted as a strong support, the contract faced resistance at ₹5,200 and ₹5,320. The April contract, which moved out of this range in early February, rallied to ₹5,944 before three weeks and then it witnessed a minor correction. Looking at the price action over the past one month, the contract has been tracing a horizontal price pattern. That is, it was held between the key price levels at ₹5,570 and ₹5,950. ....

Derivatives Exchange , National Commodity , Agri Commodity , Mustard Seed , Technical Charts , Stop Loss , வழித்தோன்றல்கள் பரிமாற்றம் , தேசிய பண்டம் , கடுகு விதை , தொழில்நுட்ப விளக்கப்படங்கள் , நிறுத்து இழப்பு ,

Soyabean might top ₹5,600 on NCDEX - The Hindu BusinessLine


Soyabean might top ₹5,600 on NCDEX
Akhil Nallamuthu
BL Research Bureau |
Updated on
March 10, 2021
Belgium, France and Iran are the major buyers of Indian soyameal   -  Getty Images/iStockphoto×
 
Since October last year, the price of soyabean futures contract on the National Commodity and Derivatives Exchange (NCDEX) has been rallying with intermittent corrections.
The March contract breached the psychological level of ₹5,000 in the final week of February, providing a boost for the uptrend. Following this, the contract extended the gain and on Wednesday, it broke out of the resistance at ₹5,200. Thus, the contract looks to have positioned itself to post more gains in the upcoming sessions. ....

Derivatives Exchange , National Commodity , Agri Commodity , Technical Charts , Stop Loss , வழித்தோன்றல்கள் பரிமாற்றம் , தேசிய பண்டம் , தொழில்நுட்ப விளக்கப்படங்கள் , நிறுத்து இழப்பு ,

Buy MCX crude oil futures on declines - The Hindu BusinessLine

Trend continues to be bullish for crude oil and the futures price is likely to move north further.The rally in futures on the Multi Commodity Exchange (MCX) contract began in November last year. Looki ....

Multi Commodity Exchange , Technical Charts , பல பண்டம் பரிமாற்றம் , தொழில்நுட்ப விளக்கப்படங்கள் ,