Commodity Trading Tips for Chana by Kedia Commodity

ChanaChana yesterday settled down -1.45% at 2782 on expectations of higher summer-sown pulses output, w

Commodity Trading Tips for Soyabean by Kedia Commodity

SoyabeanSoyabean ended with flat node amid moderate buying and open and favourble weather for the standing crop in growing areas. Rains affected market activity last week hence buyers are back now due to open weather. Also, buying improved on expectations of better soyoil demand in the coming days due to festivals. But reports of good crop condition and increased output estimates are preventing prices from increasing. Rains caused some losses but market players feel it is not significant as the overall acreage has gone up this year. The prices may remain in the current range till markets have buying support. Arrivals of soyabean in Madhya Pradesh state gained by

Commodity Trading Tips for Menthaoil by Kedia Commodity

Mentha oilMenthaoil yesterday settled down -0.29% at 848.9 due to increased arrivals of the c

Commodity Trading Tips for Nickel by Kedia Commodity

NickelNickel yesterday settled up 1.45% at 859.50 recover as rumours that Indonesia can brings in a planned ban on unprocessed ore exports, said executives from Russia's Norilsk Nickel, the world's largest producer of the metal. Indonesia is the world's top exporter of nickel laterite ore, which is mostly shipped to China to be used as a cheap substitute for nickel in stainless steel. A strictly enforced ban on exports of ore would support demand for refined nickel, said Pavel Fedorov, deputy chief executive of Norilsk Nickel, who met government and industry officials in Jakarta to assess how the policy would be implemented. Three-month nickel on the London Metal Exchange

Sensex trades flat during pre-noon session

SensexMumbai, Aug 8 - A benchmark index of Indian equities markets was trading 58 points or 0.31 percent up during pre-noon trade Thursday.

Good buying was seen in auto and metal sectors, while selling pressure was observed in healthcare and oil and gas sectors.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 18,687.30 points, was trading at 18,722.71 points in the pre-noon session, up 57.83 points or 0.31 percent from the previous day's close at 18,664.88 points.

The Sensex touched a high of 18,748.55 points and a low of 18,621.67 points during trade so far.

Higher U.S. Bonds=Lower USD/JPY

USD/JPY is in bearish mode because of higher US bonds and lower stocks. On the intra-day charts we see room for further weakness on USD/JPY as decline from 99.90 appears incomplete.

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