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White metal up amid strong global cues@Copper futures surge 0.58%

Silver futures were trading higher during the afternoon trade in the domestic market on Wednesday taking positive cues from the global market. Market analysts said a firm trend in precious metals in global market mainly attributed to the rise in silver prices at the futures trade.
At the MCX, silver futures for December 2017 contract was trading at Rs 40,202 per kg, up by 0.35 per cent, after opening at Rs 40,150, against a previous close of Rs 40,062. It touched the intra-day high of Rs 40,324.
Copper futures were trading higher during the noon trade in the domestic market on Wednesday driven by positive cues from global market and pick up in spot demand. Marketmen attributed the rise in copper futures to a firming trend in base metals at the London Metal Exchange (LME) and rising demand from consuming industries at domestic spot markets supported the upside.
At the MCX, copper futures for November 2017 contract was trading at Rs 426.30 per kg, up by 0.58 per cent, after opening at Rs 424.55, against a previous close of Rs 423.85. It touched the intra-day high of Rs 427.40.

Commodities - Gold Prices Near 3-Week Lows Ahead of Fed Meeting

Gold prices inched a bit higher on Tuesday, but remained within sight of their lowest level in around three weeks as investors looked ahead to a Federal Reserve policy meeting for any new insight on the timing of the next U.S. rate hike and clues on how the central bank plans to pare back its balance sheet.
Comex gold futures were at $1,311.53 a troy ounce by 2:55AM ET (0655GMT), up less than $1.00. It fell to its lowest since Aug. 31 at $1,308.10 a day earlier.
The yellow metal suffered its fifth decline in six sessions on Monday, as gains in the U.S. dollar and record highs for benchmark U.S. stock indexes pushed prices lower.
The Fed is widely expected to keep interest rates unchanged at the conclusion of its two-day policy meeting on Wednesday, but is likely to announce a plan to start shrinking its massive $4.5 trillion balance sheet in an effort to normalize policy.




Commodity Trend updated for-Sep/19/2017.

SELL ZINC BELOW 198.50 TGT 198-197.30-196.30 SL ABOVE 199.30 CMP 198.50

YESTERDAY ZINC MADE A LOWWWWW 197.20 OUR 2ND TGT 197.30 WAS ACHIEVED,HOPE YOU BOOKED PROFIT IN IT.6000/PER LOT

SELL LEAD BELOW 152 TGT 151.50-150.80-149.80 SL ABOVE 152.80 CMP 152.

LEAD MADE A LOWWWWW 151.45 OUR 1ST TGT 151.50 IS ACHIEVED, BOOK PARTIAL PROFIT IN IT.2500/PER LOT



Cardamom, Crude palm oil slip on weak demand

Agri commodities namely cardamom and crude palm oil prices tumbled during Tuesday’s trade, mainly due to profit booking by traders. 
 
Cardamom prices slipped by 4% to hit lower circuit at Rs 1,190.80 per kg in futures market Monday, driven by easing demand in spot market against adequate stocks position. Moreover, sentiment weakened further as traders booked profits at prevailing high levels and higher arrivals from producing regions. 

At the Multi Commodity Exchange, cardamom for delivery in October tumbled by Rs 49.90, or 4%, to Rs 1,199.80 per kg, in a business turnover of 104 lots. 

 
Crude palm oil prices fell 0.31% to Rs 542.60 per 10 kg in futures trade on Monday as traders booked profits amid fall in demand at spot markets. At the Multi Commodity Exchange, crude palm oil for delivery in October month eased by Rs 1.70, or 0.31%, to Rs 542.60 per 10 kg, in a business turnover of 339 lots.


US Fed meet outlook @Yellow metal slips

Gold futures were trading lower in the domestic market on Monday as equities rallied and the dollar firmed, while prospects of monetary policy tightening in the US ahead of a Federal Reserve meeting also weighed on the metal.
At the MCX, gold futures for Oct 2017 contract is trading at Rs 29688 per 10 grams, down by 0.56 per cent, after opening at Rs 29820, against a previous close of Rs 29856. It touched the intra-day low of Rs 29678 
Copper futures were trading higher during the noon trade in the domestic market on Monday amid a firming global trend and pick up in spot demand. Marketmen attributed the rise in copper futures to a firming trend in base metals in global market as housing data from China showed continued gains for prices.


AGRI COMMODITY MARKET:- INTRADAY NCDEX LIVE CALLS

BUY GUARSEED OCT ABOVE 3720 TG 3735, 3755, 3785 SL 3695,

BUY CASTORSEED OCT ABOVE 4730 TG 4745, 4765, 4795 SL 4705,

SELL CHANA OCT BELOW 6245 TG 6230, 6210, 6180 SL 6270,

SELL JEERA OCT BELOW 19580 TG 19500, 19400, 19280 SL 19680,

NCDEX TRADING TIPS FOR TODAY


Copper futures slide on weak global cues

Copper futures were trading lower during the noon trade in the domestic market on Thursday as speculators offloaded their positions amid a weak trend in global markets.

Marketmen attributed the fall in copper futures to weakness in metal at the London Metal Exchange (LME) on profit-taking, rising inventories at the exchange's warehouses, nervousness about demand in China and a higher dollar.
At the MCX, copper futures for November 2017 contract was trading at Rs 422.00 per kg, down by 0.52 per cent, after opening at Rs 423.95, against a previous close of Rs 424.20. It touched the intra-day low of Rs 421.15.


INTRADAY MCX TIPS TODAY