Thursday, December 31, 2015

Agri Commodity Market in 2016 | MCX NCDEX Tips Today

Its Big question For all the Trader's and Investor's that how the Market would be in 2016????

Experts at Commodity MCX NCDEX Calls feel that production is likely to fall and demand may see a rise.

Significant returns were obtained for most agri commodities in 2015 as fundamentals remained strong – the notable exception being guarseed and guargum, among a few others.

A second consecutive monsoon deficit of more than 10% caused production for most crops to fall for the 2nd year in a row. Even with a 2nd consecutive deficient monsoon, the uptrend in rates for most counters was limited. This was due to government taking steps to control rising prices.

But with stock levels falling, production expected to remain weak, and prices being at very low levels for most counters – the exports and the domestic demand are expected to rise significantly in coming weeks – aided by a strong Dollar vs Rupee. Production in pulses, spices, oil complex and kapas/cotton are expected to fall.

Commodity NCDEX Tips

MCX NCDEX Tips Today :

SELL SILVERMINI BELOW 33350 TARGET 33150 -33000-32700 STOPLOSS 33600 

Sell Gold February in between 24940/24950 stoploss 25050 target 24820 

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