✍ MCX DAILY LEVELS DAILY
EXPIRY DATE R4
R3
R2
R1
PP
S1
S2
S3
S4
107
106
105
104
103
102
101
100
99
31 AUG 2015 346
345
344
342
341
339
337
336
CRUDE OIL
20 JUL 2015 3170 3150
3130
3110
3080
3060
3040
3020
3000
GOLD
05 AUG 2015 2520 25100 0
2500
24900
24800
24700
24600
24500
24300
LEAD
31 JUL 2015
113
112
111
110
109
108
107
106
105
NATURAL GAS
28 JUL 2015
184
183
182
181
180
178
177
176
175
NICKEL
31 JUL 2015
745
740
735
735
730
725
720
715
710
SILVER
04 SEP 2015 3440 34300 0
34200
34100
34000
33900
33800
33700
33600
127
126
125
124
123
122
121
ALUMINIUM COPPER
ZINC
31 JUL 2015
31 JUL 2015 129
128
338
✍ MCX WEEKLY LEVELS WEEKLY
EXPIRY
R4
R3
R2
R1
PP
S1
S2
S3
S4
ALUMINIUM
31 JUL 2015
110
108
106
104
102
100
98
96
94
COPPER
31 AUG 2015
350
347
344
342
339
337
335
333
330
CRUDE OIL
20 JUL 2015
3230
3200
3170
3130
3100
3070
3040
3010
2980
GOLD
05 AUG 2015 25500 25300
25100
24900
24700
24500
24300
24100
23900
LEAD
31 JUL 2015
116
114
112
110
108
106
104
102
100
NATURAL GAS
28 JUL 2015
187
185
183
181
179
177
175
173
171
NICKEL
31 JUL 2015
760
750
740
730
720
710
700
690
680
SILVER
04 SEP 2015 34800 34600
34400
34200
34000
33800
33600
33400
33200
127
125
123
121
119
117
115
ZINC
31 JUL 2015
131
129
✍ NCDEX DAILY LEVELS DAILY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 AUG 2015
575
574
573
572
571
570
569
568
567
SYBEANIDR
20 AUG 2015
3540
3456
3372
3341
3288
3257
3204
3120
3036
RMSEED
20 AUG 2015
4384
4298
4212
4181
4126
4095
4040
3954
3868
JEERAUNJHA
20 AUG 2015
16251 16031
15811
15723
15591 15503 15371 15151
14931
CHANA
20 AUG 2015
4921
4818
4715
4680
4612
4577
4509
4406
4303
CASTORSEED
20 AUG 2015
4132
4063
3994
3964
3925
3895
3856
3787
3718
✍ NCDEX WEEKLY LEVELS WEEKLY
EXPIRY DATE
R4
R3
R2
R1
PP
S1
S2
S3
S4
SYOREFIDR
20 AUG 2015
581
579
577
575
573
570
568
566
564
SYBEANIDR
20 AUG 2015
4000
3778
3556
3433
3334
3211
3112
2890
2668
RMSEED
20 AUG 2015
4638
4476
4314
4232
4152
4070
3990
3828
3666
JEERAUNJHA
20 AUG 2015
17985 17245
16505
16070
15765 15330 15025 14285
13545
CHANA
20 AUG 2015
5021
4887
4753
4699
4619
4565
4485
4351
4217
CASTORSEED
20 AUG 2015
4409
4257
4105
4020
3953
3868
3801
3649
3497
MCX - WEEKLY NEWS LETTERS INTERNATIONAL NEWS � Gold Gold prices on Friday fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs 34,000-level to trade at about five-year low at the bullion market here due to a weak trend in global market and slackened demand from jewelers and retailers.Bullion merchants said a weak global trend where gold extended losses to five-year low as the US economy data that showed improvement backed the case for higher interest rates, has cut demand for the precious metals as a safe-haven, leading to fall in gold and silver prices. Lead down by 1% on weak global cues Lead prices declined by 1.02% to Rs 111.80 per kg in futures trade on Wednesday as participants reduced their positions amid a weak trend in base metals overseas.Further, subdued demand at domestic spot markets too weighed on prices.At the Multi Commodity Exchange, lead for delivery in July month contracts was down by Rs 1.15, or 1.02% to Rs 111.80 per kg in business turnover of 409 lots.On similar lines, the metal for delivery in August shed Rs 1.10, or 0.96% to trade at Rs 113.10 per kg in 20 lots.It is attributed that the fall in lead futures to trimming of positions by speculators taking weak cues from London Metal Exchange (LME) it fell to the lowest level in two weeks as industrial metals retreated amid concern about slowing demand in China, the world's biggest consumer, and prospects for higher US interest rates.Globally, at LME, lead fell by 1.3%.
� Copper Amid a weak trend in global market and easing spot demand,ccopper prices fell marginally 0.09% to Rs 345.10 per kg in futures trade on friday.At Multi Commodity Exchange, copper for delivery in far-month November shed 30 paise, or 0.09%, to Rs 345.10 per kg in a business turnover of 36 lots.The metal for delivery in August traded lower by 25 paise, or 0.07%, to Rs 338.35 per kg in 773 lots.It is attributed that the fall in copper futures to a weak trend in base metals at the London Metal Exchange (LME) on rising supply and slowing Chinese demand.Besides, a stronger dollar, which makes raw materials more expensive in other currencies, too weighed on the metal futures here.Globally, copper for delivery in three months fell 1.3% at to $5,202.50 at the LME, the lowest level since 2009. The metal on the Shanghai Futures Exchange also slid to the lowest since 2009.Meanwhile, copper inventories monitored by the London Metal Exchange have surged 92% in 2015.
Metal prices hit multi-year lows on Friday after weaker-than-expected data from China and the euro zone raised concerns about global growth, but the US dollar rose as a Federal Reserve rate hike was still on the table. London copper fell to its lowest level since 2009 after a survey showed China's factory sector contracted by the most in 15 months in July due to shrinking orders, fuel ling worries over
demand in the top metals consumer as stockpiles steadily mount. The flash Caixin/Markit China Manufacturing Purchasing Managers' Index (PMI) dropped to 48.2, below economists' estimate for a reading of 49.7. It was the fifth straight month below 50, the level which separates contraction from expansion.
✍ Crude Oil Oil prices rose in Asia on Friday following recent losses but the rebound is unlikely to be sustained because of a global crude glut.US benchmark West Texas Intermediate for September delivery edged up 32 cents to $48.77 a barrel in late-morning Asian trade. The contract finished below $49 yesterday for the first time since March 31.Brent crude for September advanced 17 cents to $55.44.Over the week WTI is down more than 4.0% and Brent has lost nearly 3.0%.The prospects of Iranian oil returning to the oversupplied market after Tehran reached a deal with major powers over its nuclear ambitions is dampening appetite.The deal provides will see world powers lift crippling economic sanctions, which have restricted Iran's oil exports, in return for toning down its atomic programmed.Once sanctions have been lifted, the Iranian authorities assert that the country could double exports within two months. This would be an increase of over one million barrels per day to an already oversupplied market.Iran does have considerable quantities of crude oil in storage, both on land and at sea, which could be sold as soon as sanctions are lifted.Iran has the fourth biggest proven oil reserves in the world.Oil prices have plummeted from above $100 a barrel in June last year because of the supply glut brought about by strong production from the United States and the Organization of the Petroleum Exporting Countries led by Saudi Arabia.
✍ NCDEX - WEEKLY NEWS LETTERS ✍ According to IBIS import of pulses in the last week (29 June-05 July) was 90 Thousand tonnes at major ports in India which is around 14% lower than last week (21-28 June), which was 105 thousand tonnes. Moong, Urad and Yellow Pea were imported lower this week whereas Masoor and Toor were imported higher as compare to last week.
In the US soybean crop progress report, as on 19 Jul, soybean has fully emerged by the period. Further, about 56% is blooming which is in line with the 5 year average but slightly below the 57% compared to the last year. About 17% of the crop is reported
Standing Guar Seed Crop likely to benefit by recent showers in Haryana and North Rajasthan (Hanumangarh and Ganganagar region). Farmers in Haryana and North Rajasthan sown guar seed crop on time due to good preci Cardamom prices were down by 0.80 per cent to Rs 797.50 per kg in futures trading today as
traders reduced holdings amid fall in demand in the spot market against ample stocks position. At the Multi Commodity Exchange, cardamom for delivery in August month eased by Rs 6.40, or 0.80 per cent to Rs 797.50 per kg in business turnover of 149 lots. Likewise, the spice for delivery in September contracts shed Rs 2.50, or 0.32 per cent to Rs 790 per kg in 13 lots. Market men said besides fall in demand in the spot market, adequate stocks position on higher supplies from producing belts mainly kept pressure on cardamom prices at futures trade. � NCDEX APP National Commodity and Derivatives Exchange Ltd (NCDEX) launched a mobile app to give anytime, anywhere access to prices and market information about commodities traded on it.
The online commodity exchange has partnered with Trakinvest, a Singapore based financial technology firm, to develop this app. It will give users access to prices, news, updates, market data and analysis for commodities.
The NCDEX App will help investors to stay in touch with the market. Our partner Trakinvest has a deep understanding of technology and financial markets.
� Jeera Jeera kept trading moderately weak even as high volatility persisted. Lack of strong demand in mandis kept trend weak for Jeera as markets failed to recover. Even as lower production kept supporting the prices, exporters are reportedly waiting for some more corrections before initiating fresh demand in mandis.NCDEX Jeera August contract was trading down by -0.67% to 15555 levels on Friday.Jeera August contract may trade sideways for short term and intra day. Short term support for NCDEX Jeera August contract is seen at 14800 and resistance at 16100. For intra day, support is at 15550 and resistance at 15700.Low demand was noted as traders waited for some more dips before initiating fresh demand in the man-dis. Short term trend looks slight weak as Monsoon sets in over Gujarat and Rajasthan in coming weeks. Overall trend looks firm in long term though, based on lower production reports.In near future progress of the monsoon will be a key factor for price direction as it will have impact on sowing and production of Jeera for next season. Jeera prices at NCDEX touched all time high of 18700 last month on the back of concerns over lower acreage.
� Chana Rains this week in Central and North-West India remain critical for the sowing of the kharif Pulses and would determine the trend for Chana also. But an overall low production and lower stocks could support the prices.Chana August contract is likely to trade bullish for both short
term and intra day. Short term support is seen at 4500 and resistance at 4720. Intra day support is seen at 4600 and resistance at 4640. August contract was seen trading up 0.33% to 4630 level on Tuesday.Govt initiatives to improve supply could limit the uptrend as it proposes to import 5000 tons Urad and has floated tender for import of 5000 tons. However with prices having fallen a lot, some recovery in demand could support the prices. As per latest Govt reports, the area under Kharif Pulses has risen to 55.99 lakh ha as on 17th July vs 23.92 lakh ha same period last year. Above normal rains in Central and South India have improved sowing, keeping prices down for Chana in June.Month of July however saw a bounce back as rainfall activities slowed down. That is however again expected to pick up in coming days.India increased the import of pulses to fulfill domestic consumption after a fall in pulses production.As per latest estimate of Finance Ministry pulses import has risen more than 20% in May. India consumes around 253-240 lakh ton pulses annually but in 2014-15 pulses production has fallen to 173 lakh ton from 193 lakh tons in 2013-14 due to unfavorable weather indicating more import in coming months.
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