Tuesday, December 18, 2007

Refined Soy Oil
jan : SELL Jan contract at higher levels around Rs. 540.5 for the profit target of Rs. 537.5 , stop loss - 542.0Feb : SELL Feb contract at higher levels around Rs. 546.0 for the profit target of Rs. 543.0 , stop loss - 547.५
MCX CHANA
Market closed range bound yesterday and is expected to remain sluggish। Likely to trade in the range of Rs. 2242 - 2202.Can Buy January Contract at lower levels around Rs. 2202 for a higher target.Can Sell January Contract at upper levels around Rs। 2242 for a lower target.
Kapas April 2008
Kapas Futures market is likely to up. Can Sell Kapas at MCX around Rs. 451.0 - 450.0 for the likely target of Rs 448.00 - 447.00 with a Stop Loss at Rs. 453.कपस्खाली Can Buy Kapaskhali December contract at market open for the target of Rs. 348 - 349, Stop loss at Rs. 340।
Rubber Strategy
International markets are DOWN by 0।72%।October to December are the peak production months Production of natural rubber is likely to go up during October-Januar y, which is the peak production season. Natural rubber production is expected to be 90,000 tonne in October, 1.1 lakh tonne in November and 1.5 lakh tonne in December this year, - (Rubber Board )Rains in Kerala had lent support to any downtrend in prices; now with clear weather arrivals will increase and easen the pricesRise in crude oil prices have agian given a momentum to NR prices.
Rubber Jan
Startegy 1: Buy above 9450 for targets of 9550, 9580 with s/l of 9420.
Startegy 2: Sell only below 9400 for targets of 9310, 9300 with s/l of 9430
Cardamom Strategy
A crop loss of over 30% has been estimated this season. Arrivals are half of what used to be same period last year. Markets appear to be long term bullish Exports have been good and thus demand for 7 mm and above grade will be good. Auction prices was steady to better in Sunday's auction at Kumily.
Cardamom Jan
Strategy 1: Buy only definite break above 606 for targets of 611, 615 s/l 603.
Startegy 2: Sell below 597 for targets of 592, 590 s/l 600
Cardamom Feb
Strategy 1: Buy only above 619 for targets of 624, 627 s/l 616.
Startegy 2: Sell below 615 for targets of 610, 608 s/l 618

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