INDIAN GOVERNMANT May INCREASE 12% MSP तुअर और बाजरा में

Government procurement of green and millet prices could increase 12 percent. Government procurement prices of such recommendation of the to-agency CACP the reversal these hiked is about to go. In addition to rice and soy as crop procurement prices (MSP) in 17 per cent can be.

Rise in MSP Cabinet Ministry of Agriculture has issued a draft note. The CACP had recommended a hike in MSP. But the Ministry of Agriculture to increase the production of pulses is proposed to increase the MSP. Although sorghum, millet and sunflowers do not propose any increase in the MSP.

It is believed that तुअर MSP of Rs 3,850 per quintal to Rs 4,300 per quintal will be increased. बाजरा from the MSP of Rs 1175 to Rs 1310 per quintal may be. Paddy (Common) of the MSP from Rs 1310 to Rs 1280 per quintal and paddy (grade A) MSP of Rs 1280 per quintal to Rs 1345 per quintal may be.

 From Rs 4,500 to Rs 4,400 per quintal MSP of मूंग said. मूंगफल from Rs 4,000 to Rs 3,700 per quintal MSP's will. Soybean (black) MSP increased from Rs 2200 to Rs 2500 per quintal. Soybean (white) from Rs 2560 to Rs 2240 per quintal MSP said.

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Today STARTED GUARSEDD & GUARGUM TRADING @ NCDEX Guargum, Soyabean, Menthaoil Calls

Guar futures trading is about to begin again. Guar futures will begin trading on MCX today. MCX to trade in guar June, July, October and November futures remain current.

Guar futures commodity market regulator FMC has approved the resumption of trading. However, from NCDEX is currently no information on the matter when he will start from the guar futures. Indeed, betting strongly in the wake of guar futures trading was banned.

Guar futures with FMC have approved several significant changes. So under the new rules today guar futures traded on commodity exchanges will begin. Under the new rules limit positions, special rates will keep an eye on the client's 70 TP 75 per cent holding. Guar futures funds that go into the source of the Members will tell. Members of all guar seed futures position limits will be 12,000 tons.

Members of all futures position limit in Guar gum while 3,000 tones. Guar futures will have a 10 per cent initial margin. Special margin of 35-70 per cent on heavy volatility in prices is possible.

NCDEX CALLS 
~ Guargum on NCDEX is trading near to 29009. According to market moment you can Sell NCDEX Guargum near to 29000 with in May contract Targets 28980 , 28960 Stop Loss 29040.

 ~ Buy NCDEX Soya bean June future contract 3900 goal 3950 Stop Loss 3850.

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NATURAL GAS UPDATES: NG Future down o.50 percent today

MCX Natural gas may lose Rs 1.60 or 0.64 to Rs 215 in the domestic market. However international also sipped near 0.7 percent today.

At the multi commodity exchange (MCX) June contact has moved down by Rs 1.4 or 054 percent due last close. Current market rate is 218.7.

The Natural gas is in long- term bull phase .Currently Natural gas is in strong downtrend and the trend is supported with good volume the open interest is not increasing with trend. The first levels of resistance is 219 and next one 221. Best supporting range is 214.3 to 212.1.

Advices: You can buy MCX Natural gas near to 215 Targets 216,217 Stop Loss 213.

MCX Trading Calls

~ Buy MCX Copper above 401.50 with in June contract Targets 402.50, 403.50 Stop Loss 439.50.

~ Sell MCX Crude oil may below 5230 TGT 5215, 5200 Stop Loss 5260.

 

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