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  • Monday 4 August 2014



     
    Base metals  are trading mixed today is enough. Copper, lead and nickel pressure. The trick is flat aluminum and zinc. With 0.25 per cent copper is trading below Rs 435. 0.7 per cent nickel, and   -0.2 per cent lead as slipped.

    Today is the sharp decline in soybean. NCDEX soybean prices fell nearly 1 per cent. Rather than having good rains in many parts of Madhya Pradesh soybean cultivation is expected to benefit. While soybean prices in international markets last week's disastrous.

    Castor seed yields expected to grow due to the sharp decline in prices. Castor seed futures price fell nearly 1.5 per cent. Indeed, in many places in Gujarat Castor cultivation of good rains are expected to benefit. This is because during business today NCDEX Castor seed prices also slipped below Rs 4200.

    Nirmal Bang Commodities Investment Advice

    MCX Zinc (August futures): Buy - 143.5, stoploss - 141.4 and the target - 145.5

    MCX silver (September futures): Buy - 44 250, stoploss - 43 910 and the target - 44 850

    Of India Infoline Commodities Investment Advice

    MCX Crude oil (August futures): Buy - 5960, stoploss - 5920 and Goals - 6030

    MCX silver (September futures): Sell - 44500, stoploss - 44 900 and the target - 43 900

    Kunvrji commodities investment advice

    NCDEX soybean (October futures): Sell - 3675, stoploss - and Goals 3710 - 3620

    Hem Securities Investment Advice

    NCDEX Castor Seed (August futures): Sell - 4250, stoploss - 4315, aim - 4170

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