Commodity Trading Tips for Mustardseed by Kedia Commodity

MustardseedMustardseed yesterday traded with the negative node and settled -0.14% down at 2938 on hopes of higher production. The total arrivals of mustard seed increased by 18000 bags from the previous day to 88000 bags in major mandies. In the Jaipur spot market in Rajasthan the price edged up by 1.25 rupee to 2795 rupees per 20 kgs.

Diamond Power Long Term Buy Call

Diamond Power Long Term Buy CallTechnical analyst Avinash Gorakshakar of Anagram Capital maintained 'buy' rating on Diamond Power Infrastructure Limited stock with a target of Rs 275.

According to analyst, the stock can achieve the said target in a period of 12 month period.

Today, the stock of the company opened at Rs 178.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 264.20 and a low of Rs 115 on BSE.

Diamond Power Infrastructure Limited announced that it has bagged deals from Power Grid Corporation of India Ltd and SMO-SPIC, for supplying 400 KV D/C line conductors.

Commodity Trading Tips for Wheat by Kedia Commodity

WheatWheat yesterday traded with the negative node and settled -0.12% down at 1357 due to expectations of strong production prospects in the current rabi season due to favourable weather conditions in producing regions. The government has estimated a 82 million tonnes of wheat production this year.

Commodity Trading Tips for Crude Palm oil by Kedia Commodity

Palm oilCrude Palm oil yesterday traded with the positive node and settled 0.25% up at 568.3 on concern that rains may fail to revive soybean crops damaged by dry weather in Argentina, the top exporter of the rival oil. In yesterday's trading session Crude Palm oil has touched the low of 565 after opening at 565.1, and finally settled at 568.3.

Commodity Trading Tips for Soyaoil by Kedia Commodity

SoyaoilRef Soyaoil yesterday traded with the positive node and settled 0.04% up at 653.5 due to firm on pick up in demand in the spot market, following the ongoing marriage season. At the Indore spot market soyoil edged up by 0.15 rupee to 640.5 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 652.2 after opening at 654.1, and finally settled at 653.5.

Commodity Trading Tips for Aluminium by Kedia Commodity

aluminiumAluminium inventories for the month of December 2010 were 1.34 million tonnes, up by 7.2% from 1.25 million tonnes in November 2010. Aluminium yesterday traded with the negative node and settled -0.27% down at 112.8. Some support had been seen from the LME stock also which came down by -6050mt, the total stock at LME is now at 4524675mt.

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