✍ MCX DAILY LEVELS DAILY
EXPIRY DATE R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
30 OCT 2015 115. 111.55 95
107.15
104.95
102.75
100.55
98.35
93.95
89.55
COPPER
30 NOV 2015 380. 369.40 65
358.15
352.95
346.90
341.70
335.65
324.40
313.15
CRUDE OIL
19 OCT 2015 3563 3453
3343
3274
3233
3164
3123
3013
2903
04 DEC 2015
2745 27161 5
26867
26744
26573
26450
26279
25985
25691
30 OCT 2015 120. 116.55 30
112.80
110.45
109.05
106.70
105.30
101.55
97.80
NATURAL GAS 27 OCT 2015 171. 168.60 60
165.60
164.30
162.60
161.30
159.60
156.60
153.60
GOLD LEAD
NICKEL
30 OCT 2015 779. 747.60 50
715.70
699.60
683.80
667.70
651.90
620
588.10
SILVER
04 DEC 2015 3887 38235 4
37596
37214
36957
36575
36318
35679
35040
ZINC
30 OCT 2015 150. 139.30 75
127.85
123.50
116.40
112.05
104.95
93.50
82.05
R2
R1
PP
S1
S2
S3
S4
✍ MCX WEEKLY LEVELS WEEKLY
EXPIRY
R4
R3
ALUMINIUM
30 OCT 2015 117.95 112.80
107.65
105.20
102.50 100.05
97.35
92.20
87.05
COPPER
30 NOV 2015 391.30 376.10
360.82
354.30
345.60
339
330.30 315.10
299.80
3785
3476
3340
3167
3031
2858
2549
2240
GOLD
04 DEC 2015 28434 29796
27158
26890
26520
26252
25882
25244
24606
LEAD
30 OCT 2015 150.60
125.40
120.30
112.80 107.70
100.20
87.60
75
167.90
165.50
162.50 160.10
157.10 151.70
CRUDE OIL
19 OCT 2015 4094
138
NATURAL GAS 27 OCT 2015 178.70 173.30 840
146.30
NICKEL
30 OCT 2015
785.40
730.80
707.20
676.20 652.60
621.60
567
512.40
SILVER
04 DEC 2015 45210 42290
39370
38100
36450
35180
33530
30610
27690
ZINC
30 OCT 2015 155.70 142.40
129.10
124.10
115.80 110.80
102.50
89.20
75.90
WEEKLY MCX CALL SELL COPPER NOV BELOW 344 TGT 334 SL 353
PREVIOUS WEEK CALL BUY GOLD DEC ABOVE 26500 TGT 27000 SL 25959 (MADE HIGH OF 26788)
✍ FOREX DAILY LEVELS DAILY
EXPIRY DATE R4
R3
R2
R1
PP
S1
S2
S3
S4
USDINR
28 OCT 2015 65.7 65.50 5
65.25
65.10
6500
64.85
64.75
64.50
64.25
GBPINR
28 OCT 2015 75.5 74.90 0
74.30
74.05
73.70
73.40
73.10
72.50
71.90
EURINR
28 OCT 2015 101. 100.80 40
100.30
99.90
99.70
99.40
99.20
99.60
98.10
JPYINR
28 OCT 2015 55.6 55.10 2015 0
54.60
54.30
54.10
53.80
53.60
53.10
52.60
R2
R1
PP
S1
S2
S3
S4
66
65.50
65.20
64.70
64.40
63.60
62.80
✍ FOREX WEEKLY LEVELS DAILY
EXPIRY DATE R4
R3
USDINR
28 OCT 2015 67.6 66.80 0
GBPINR
28 OCT 2015 76.1 75.30 0
74.50
74.10
73.70
73.30
72.90
72.10
71.30
EURINR
28 OCT 2015
100.85
100.20
99.75
99.10
98.63
97.55
96.45
55
54.50
54.20
53.70
53.30
52.50
51.60
JPYINR
103 101.95
28 OCT 2015 56.7 55.90 2015 0
WEEKLY FOREX CALL BUY GBPINR OCT ABOVE 100 TGT 101 SL 99
PREVIOUS WEEK CALL BUY EURINR OCT ABOVE 73.75 TGT 75 SL 72.90 ( MADE HIGH OF 74 AND CLOSED AT 73.80)
✍ NCDEX DAILY LEVELS DAILY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 NOV 2015
633
628
623
620
618
615
613
608
603
SYBEANIDR
20 NOV 2015
4224
4087
3950
3865
3813
3728
3676
3539
3402
RMSEED
20 NOV 2015
5120
5029
4938
4886
4847
4795
4756
4665
4574
20 NOV 2015 17076 16776
16476
16288
16176 15988 15876 15576
15276
CHANA
20 NOV 2015
5533
5409
5285
5218
5161
5094
5037
4913
4789
CASTORSEED
20 NOV 2015
4211
4186
4161
4148
4136
4123
4111
4086
4061
JEERAUNJHA
✍ NCDEX WEEKLY LEVELS WEEKLY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 NOV 2015
692
667
642
629
617
604
592
567
542
SYBEANIDR
20 NOV 2015
4987
4571
4155
3968
3739
3552
3323
2907
2491
RMSEED
20 NOV 2015
5455
5248
5041
4938
4834
4731
4627
4420
4213
20 NOV 2015 17480 17035
16590
16345
16145 15900 15700 15255
14810
CHANA
20 NOV 2015
6271
5903
5535
5343
5167
4975
4799
4431
4063
CASTORSEED
20 NOV 2015
4685
4517
4349
4238
4181
4070
4013
3845
3677
JEERAUNJHA
WEEKLY NCDEX CALL BUY CHANA NOV ABOVE 5200 TGT 5330 SL 5068
PREVIOUS WEEK CALL BUY TMC NOV ABOVE 7900 TGT 8300 SL 7544 (MADE HIGH OF 8248)
MCX - WEEKLY NEWS LETTERS INTERNATIONAL NEWS ✍ PRECIOUS METAL GOLD Gold prices fell Rs 49 to Rs 26,698 per 10 grams in futures trade today as participants trimmed their positions, largely in tune with a weak trend overseas.In futures trading, gold for delivery in far-month February next year was trading Rs 49, or 0.18% down, at Rs 26,698 per 10 grams at Multi Commodity Exchange with a business turnover of 12 lots.Also, the metal for delivery in December shed Rs 44, or 0.17%, to Rs 26,511 per 10 grams in 358 lots. Analysts said a weakening trend in the overseas markets where gold retreated from over one-week high as Chinese markets reopened after a long break and investors awaited minutes from the Federal Reserve's last meeting for clues on the timing of an interest rate increase, weighed on the futures trade here. Globally, gold fell 0.3% to $1,141.76 an ounce in Singapore. Gold ticked higher on Friday, recovering modestly from overnight losses, but uncertainty over whether the Federal Reserve would hike U.S. rates this year weighed on the market. Spot gold edged up 0.1 percent to $1,140.10 an ounce by 0040 GMT, after dropping 0.6 percent in the previous session following the release of minutes from the Fed's Sept. 16-17 meeting. The metal is up 0.2 percent for the week. The Fed thought the economy was
✍ SILVER Amid a weakening trend overseas, silver prices tumbled Rs 651 to Rs 36,850 per kg in futures trade today as speculators cut their positions. Silver for delivery in far-month March next year contracts was trading sharply lower by Rs 651, or 1.74%, at Rs 36,850 per kg in a business turnover of 1,663 lots in futures trading at Multi Commodity Exchange (MCX).On similar lines, the white metal for delivery in December slumped Rs 643, or 1.68%, at Rs 37,590 per kg with a business turnover of 29 lots. In the international market, silver traded 2.5% lower at $15.65 an ounce in Singapore. Market analysts said a weak trend in precious metals in global markets as investors awaited minutes from the US Federal Reserve's last meeting for clues on the timing of an interest rate increase, kept pressure on silver futures.
✍ BASE METALS ✍ COPPER Copper futures were up 1.50% at Rs 344.95 per kg today as speculators enlarged bets, largely in step with a firming trend in base metals at the London Metal Exchange (LME). At Multi Commodity Exchange, copper for delivery in November rose Rs 5.10, or 1.50%, at Rs 344.95 per kg, in a turnover of 4,681 lots. Metal for delivery in far-month February next year also rose Rs 4.80 to trade at Rs 350.60 per kg, with trade volume of 86 lots. Analysts said gains in copper and other metals overseas after Glen core has cut production this year and rising demand at the domestic spot markets influenced metal prices at futures trade here.
✍ NICKEL Nickel prices moved up by 1.30% to Rs 678.20 per kg in futures market today after speculators widened bets, tracking a firm trend in the spot market on increased demand from alloy makers. At Multi Commodity Exchange, nickel for delivery in November gained Rs 8.70, or 1.30%, to Rs 678.20 per kg in a business turnover of 116 lots.In a similar manner, the metal for delivery in October rose Rs 8.30, or 1.28%, to Rs 671.30 per kg in 2,581 lots. Analysts said apart from increased domestic demand from alloy makers and other consuming industries, strength in base metals at the London Metal Exchange, influenced nickel futures here.
✍ LEAD Taking positive cues from the global market and rising spot demand, lead futures traded over 2% higher at Rs 111.05 per kg today as participants enlarged positions. Lead for delivery in October traded higher by Rs 2.35, or 2.16%, to Rs 111.05 per kg, in a business turnover of 1,847 lots in futures trading at the Multi Commodity Exchange.On similar lines, the metal for delivery in November was trading higher by Rs 2.20, or 2.01%, at Rs 111.90 per kg in 101 lots. Globally, lead gained as much as 1.9% at the London Metal Exchange (LME).Analysts said besides better demand from battery makers in spot market, firm global trend in base metals as commodity production were accelerating influenced lead prices at futures trade here.
✍ ZINC Zinc futures climbed 3.78% to Rs 112.60 per kg today after speculators built up bets on the back of a firming trend overseas amid rising demand in the domestic spot market. In futures trading at the Multi Commodity Exchange, zinc for delivery in October surged Rs 4.10, or 3.78%, to Rs 112.60 per kg, in a business turnover of 4,848 lots. Also, metal for delivery in November contracts gained Rs 3.95, or 3.60%, at Rs 113.60 per kg, with a business volume of 165 lots. According to marketmen, a firming trend in metal at the London Metal Exchange (LME) after Glencore Plc announced a plan to cut output by about a third, adding to signs that some commodity producers are willing to scale back supplies to combat slumping prices and boosting the prospects for a global deficit. Furthermore, uptick in demand at domestic spot markets from consuming industries too supported the upside in metal prices, they said. The metal used to galvanize steel jumped as much as 4.8 percent to $1,747 per tonne at the LME, the highest since September 18.
✍ ENERGY Crude oil prices rose sharply by Rs 62 to Rs 3,279 per barrel in futures trade today as speculators widened their bets after it extended recent rally in Asia. At Multi Commodity Exchange, crude oil for delivery in October contracts was trading higher by Rs 62, or 1.71%, at Rs 3,279 per barrel, with a business turnover of 8,967 lots.The oil for November delivery also moved up Rs 55, or 1.68%, to Rs 3,329 per barrel, with a business volume of 910 lots.Market
men attributed the rise in crude oil futures to a firming trend in Asian trade on hopes that increasing demand and a decline in US crude production would ease a supply glut that has depressed the market for more than a year. Meanwhile, West Texas Intermediate crude prices for November delivery climbed 0.49% to $49.67 a barrel, while Brent for November also advanced 0.45% to $53.29 a barrel in late-morning trade on the New York Mercantile Exchange.
✍ NCDEX - WEEKLY NEWS LETTERS ✍ JEERA Jeera prices were up 0.65 per cent to Rs 16,160 per quintal in futures trade on Wednesday after traders widened their positions taking positive cues from spot market.In futures trading at the National Commodity and Derivatives Exchange, jeera for delivery in November rose Rs 105 or 0.65 per cent to Rs 16,160 per quintal with an open interest of 9,039 lots.The October contract was trading higher by Rs 100 or 0.63 per cent to Rs 15,865 per quintal in 9,315 lots.The rise in jeera futures prices to pick up in demand in the spot market against restricted supplies from growing belts.
✍ MUSTARDSEED Mustardseed futures traded Rs 67 lower at Rs 4,663 per quintal on tuesday after participants booked profits at existing levels.Besides, rising supplies in physical market too weighed on prices. At the National Commodity and Derivatives Exchange, mustardseed for October month delivery contract slipped by Rs 67, or 1.42 per cent to Rs 4,663 per quintal, with an open interest of 46,140 lots.The November contract lost Rs 44, or 0.91 per cent to Rs 4,794 per quintal, in an open interest of 48,720 lots.Fall in mustardseed futures was largley due to profit-booking by participants and rising supplies in the spot market.
✍ SOYBEAN Soybean prices are on the rise due to lower productions estimates for this kharif season.Within a week, prices rose 20 per cent, more than Rs 600/100 kg gains, in spot markets due to the lower production estimates.As per latest estimates, production this kharif season is likely to stand at 8,642,600 tonnes, compared with last year’s revised estimate of 9,000,000 tonnes. This year, the carryover stock is likely to be 900,000 tonnes. Initial arrivals clearly indicated lower production. in October, arrivals in Madhya Pradesh generally stand at 400,000-500,000 bags of 100 kg each but this year, the numbers are low. Soybean production in Madhya Pradesh is the highest in the country.Currently, arrivals across India stand at around 550,000 bags of 100 kg each, including average daily arrivals of 250,000
bags in Madhya Pradesh and 125,000 bags in Maharashtra and 75,000 bags in Rajasthan.Prices at mandi auctions are Rs 3,450-3,800/100 kg, while plant delivery prices are Rs 3,650-3,800/100 kg. Analysts say prices have risen more than 20 per cent on futures exchanges compared to mid-August.Initially, production estimates were higher, due to which prices went down in August. But later, a dry spell and lower output fears pushed up prices. Extending its upward journey, soyabean prices rose by another Rs 96 to Rs 3,882 per quintal in futures trading on tuesday as traders engaged in building up huge positions amid positive overseas cues.At the National Commodity and Derivatives Exchange, soyabean delivery for March surged Rs 96, or 2.54 per cent, to Rs 3,882 per quintal, having an open interest of 40 lots. The November contract added Rs 12, or 0.33 per cent, to Rs 3,693 per quintal in an open interest of 82,630 lots.Soyabean for delivery in October was trading higher by Rs 7, or 0.19 per cent, at Rs 3,688 per quintal in an open interest of 31,480 lots.Creation of huge positions by speculators, tracking positive overseas cues, influenced soyabean futures here.Meanwhile, all active contracts hit upper circuit limits in yesterday's trade. Meanwhile, the Solvents Extractors Association of India has said India’s oilmeal exports rose four per cent to 113,913 tonnes in September compared to the year-ago period. The rise, however, was aided by a low base, it added.Exports of rapeseed fell 8.2 per cent to 60,211 tonnes.For April-September, overall oilmeal exports stood at 723,661 tonnes, compared with 1,024,370 tonnes during the corresponding period last year, down 29 per cent.For the April-September period, soybean meal exports stood at 42,743 tonnes, compared with 111,027 tonnes in the year-ago period.
� CHANA The government's decision to permit states to impose stock limits on commodities stored in warehouses registered with the Warehouse Development and Regulatory Authority (WDRA) has started impacting futures prices, especially that of chana.A fortnight ago, chana was quoted at a discount of Rs 190-200 a quintal in New Delhi delivery on the National Commodity and Derivatives Exchange (NCDEX). While the fundamentals for chana have favoured bulls and prices have been going up in the spot market, resulting in higher futures prices, traders have started taking their stock out from WDRA-registered warehouses, which was otherwise was acting as a threat for futures as that can be offloaded on exchanges if prices rise sharply. That threat of delivery is now evasive, which has resulted in futures prices rising faster than spot.A few days ago, the Union Cabinet had decided to extend stock limits on essential commodities such as oilseeds and pulses for a year and permitted states to impose stock limits on WDRA-registered warehouses. Stocks stored in such warehouses can only be delivered on futures exchanges.
� TURMERIC Turmeric prices were up by Rs 114 to Rs 8,130 per quintal in futures market on wednesday on emergence of buying by traders, driven by rising demand in the spot market.At the National Commodity and Derivatives Exchange, turmeric for delivery in November rose Rs 114, or 1.42 per cent, to Rs 8,130 per quintal with an open interest of 10,090 lots.The October contract gained Rs 104, or 1.35 per cent, to Rs 7,800 per quintal in 16,155 lots.Pick up in demand at the spot market, mainly helped the turmeric prices to rise.
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