Wednesday, July 1, 2015

Commodity Evening Outlook : 30 june 2015 || NCDEX Soyabean Tips

MCX Crude Oil Futures is wondering around the three weeks low on the Tuesday Evening as the Greek unable to pay the loan amount to the IMF against the following bank shutdown. After the Friday’s closing the gold three week lows erases the gains but on Monday the gold rate boost up due to Greek default fears.To see the global market it may be predicted that it goes higher if greek becomes the first defaulter nation.

Gold rose as growing fears over the prospect of a Greek debt default battered European shares and weighed on the euro. NCDEX Soyabean prices ended with gains on supply concerns from United States and in domestic market.

NCDEX Soyabean Tips is to BUY at 3540 at SL-3490, Target-3580/ 3620
Sell NCDEX Jeera @ July Contract at 16200-230, Target-15900, SL-16430
Buy NCDEX Chana @ July Contract at 4240-50, Target-4165, SL-4285

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