Skip to main content

Commodity Market: What to do in the fall of soybean


Bad global signals are getting weakness in oil and oilseeds. CPO at MCX is trading at 1 year level whereas soya oil, soyabean and mustard are also being seen in weakness. Decrease in crude oil is showing weakness in guar. The strengthening of the rupee has hit the guar.


Trade Nivesh

Here is a decline in cumin. The possibility of growing the soil has found weakness.

Crude oil has completely cooled. And in the coming days it is expected to soften further. Crude has broken 25 percent from the 4-year high and has reached 65 dollars a barrel. In the first week of October, Brent Crude's price was around $ 87 a barrel. That is, the price of crude oil has come down to $ 22 a dollar, from the first week of October to the second week of November.

At the same time, natural gas continues to grow. MCX has increased by more than 4%. In the US, there is more support for cold and stock less than normal.


Hem Securities Investment Advice

Cumin: Sell 20150 bucks, target 19530 rupees, stoploss Rs 20,700

Soyabean: sell 737, target 743 rupees, stoploss Rs 728


Karvy Commodities Investment Advice

Silver: Buy 36050, target 36350 rupees, stoploss Rs. 35900

Crude oil: Buy 4030 bucks, target 4120 rupees, stoploss Rs 38080

You can also Follow Market Captains on twitter .

Comments

Popular posts from this blog

Stock market open with fast, while IT companies dropped by a few percent

Today the domestic stock markets started the season with rapid growth. Crude oil prices have softened even in international markets. Also, due to improving the rupee, shopping in the market was seen. However, this has led to a decline in export-oriented shares. At 9.30 am, the BSE Sensex was trading 67 points or 0.17 percent higher at 39,048 level. At the same time, the Nifty 50 index was recorded at 17,742 level with an increase of 17.5 points or 0.15 per cent. US stock market condition on Thursday  American stock markets closed with red mark. Dow Jones slipped to 0.46 percent. However, the S & P 500 Index found a weakness of 0.21 percent. Nasdaq composites ended the session with 0.16 percent weakness. These saw a few percent increase On the BSE Sensex, Yes Bank's shares rose 1.47 per cent to Rs 176.35. Maruti Suzuki shares increased by 1.40 per cent to Rs 6,762. Bharti Airtel, Power Grid and ONGC's shares rose 1.25 percent, 1.18 percent and 1.12 percent, resp

मेंथा ऑयल रेट टुडे: हफ्तेभर में 4% लुढ़का मेंथा, ₹1300 के नीचे जा सकता है भाव

मेंथा ऑयल का भाव एक हफ्ते में 4 फीसदी गिर चुका है. आगे भी कीमतों में तेज गिरावट के संकेत हैं. इसकी वजह नई फसल की आवक है. इस साल मेंथा का बंपर उत्पादन होने की उम्मीद है. कारोबारियों को जून में कीमतों में बड़ी गिरावट की आशंका है. मेंथा का सबसे ज्यादा उत्पादन उत्तर प्रदेश में होता है. ओरल केयर, फार्मास्युटिकल, परफ्यूम और कन्फेक्शनरी बनाने वाली कंपनियां मेंथा का इस्तेमाल करती हैं. मेंथा तेल की कीमतें पिछले महीने 1,360 रुपये प्रति किलोग्राम तक लुढ़क गईं. गुरुवार को एमसीएक्स पर मेंथा ऑयल का मई वायदा 0.20 फीसदी की गिरावट के साथ 1370 के आसपास कारोबार कर रहा था. वहीं दूसरे नजदीकी कॉन्ट्रैक्ट जून डिलीवरी का भाव 1,255 रुपये प्रति किलोग्राम पर कारोबार कर रहा था. एंजल ब्रोकिंग के डिप्टी वाइस प्रेसीडेंट (कमोडिटीज एवं करेंसी) अनुज गुप्ता ने कहा, 'हमें उम्मीद है कि आगे मेंथा ऑयल में गिरावट बढ़ सकती है. मई कॉन्ट्रैक्ट का भाव नीचे में 1,300-1,280 रुपये प्रति किलोग्राम तक गिर सकते हैं. कंपनियां मेंथॉल और क्रिस्टल बनाने के लिए भी मेंथा ऑयल का इस्तेमाल करती हैं. मेंथा को पुदीना भी क

Rupee gains 21 paise in early trade to 70.96 per US dollar; 10-year govt bond yields up

Rupee vs US dollar:  The Indian rupee today opened at 70.96 per US dollar, up 21 paise from the previous close, data available with the Bloomberg website showed. Market Tips and recommendations Follow  Marketcaptains Rupee vs US dollar:  The Indian rupee gained as much as 21 paise in the early morning trade on Monday to 70.96 per US dollar from the previous close of 71.17 per US dollar. The domestic currency today opened at 70.96 per US dollar, up 21 paise from the previous close, data available with the Bloomberg website showed. At 9:30 AM (IST), the domestic currency was trading at 71.07 per US dollar, up 9 paise from the previous close of 71.17 per US dollar, after touching an intraday low of 71.08 per US dollar and an intraday high of 70.96 per US dollar, data showed. On Friday, the rupee fell by 10 paise to close at 71.17 amid rising demand for the US currency from exporters and heavy selling in domestic equities. In debt markets, the yields on the 10