Wednesday, 12 June 2013

Today 12 June caster seed is bearish and coriander bullish, gainers and losers, Buy Sell calls

The mcx commodities are seeing to be in negative side, all precious metals, base metals, oil and energy products used to do trading in a down side. The Natural gas is slip by 1.70 points to Rs. 216.80. The support and resistance for energy is 216.7 and 220.3. 

At national commodity and derivative exchange caster seed is looking bearish where the coriander is looking bullish for all season contracts. It is predictable that till afternoon time the caster seed will show the buy trend. 

Yesterday the sweet sugar was traded in a downward side while today it is working in positive aspect. For august sugar rise by 11 points at 3189, its high is 3200 and low is 3185. The turmeric follows the same as of sugar. 

At 11:07 am the precious metals gold drop around 0.47 percent and silver drop by 0.33 percent for the future delivery but as long as we talk about cotton then it goes up and up surges 90 points in early trade. 

Gainers : Aluminium, Cotton, Barley, Chana, Jeera, Gur, Coriander, Soyabean. 

Losers : Gold, Silver, Mentha oil, Crude oil, Copper, Nickel, Zinc, Natural gas. 

Cotton buy above 19220 Tg 19235/19245/19255 Sl 19160 

Mentha oil sell below 989.50 Tg 984.1/979.1/974.1 Sl 1009.5 

Jeera buy above 13190 Tg 13200/13210/13220 Sl 13120 

Chilli sell below 6190 Tg 6180/6170/6160 Sl 6250

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