Commodity Outlook for Pepper by Kedia Commodity

Commodity Outlook for Pepper by Kedia CommodityPepper ended up on lower-level buying and also supported by hopes of pick up in export demand. India April-February exports at 17,750 metric tons vs 23,100 tons a year earlier. Talk of import queries by some Middle East trading firms is supporting the market. Arrivals have dried up as harvest is about to end. May delivery gained Rs 154 and settled at Rs 15727/quintal. The contract touched the intra day high of Rs 15820/quintal while low of Rs

Commodity Outlook for Guar by Kedia Commodity

Commodity Outlook for Guar by Kedia CommodityGuar ended positive on buying interest at lower levels. In the Jodhpur spot market, guar seed moved down 7 rupees to end at 2,311 rupees per 100 kg. Guar yesterday we have seen that market has moved 0.48%. Market has opened at 2303 & made a low of 2293 versus the day high of 2320. The total volume for the day was at 145250 lots and the open interest was at 158090. Now support for the guar is seen at 2302 and below could see a test of 2284. Resistance is now likely to be seen at 2329, a move above could see prices testing 2338.

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Commodity Outlook for Nickel by Kedia Commodity

Commodity Outlook for Zinc by Kedia Commodity

Commodity Outlook for Zinc by Kedia CommodityZinc yesterday traded

Buy J K Paper for long term - FairWealth Securities

Buy J K Paper for long termJ K Paper Ltd (JKPL) was incorporated in 1992 in Rayagada Orissa to manufacture Paper and Paper products. It is a pioneer in manufacturing and marketing of paper. Its flagship brands include JK Copier, JK Easy Copier, JK Evervite, JK Excel Bond, JK Bond, JK SHB Maplitho, CPM Parchment and JK MICR.

It has two integrated pulp and paper plants - JK Paper Mill in Rayagada (Orissa) with an annual output of over 100,000 tons and Central Pulp Mills in Sonagadh (Gujarat) of 50,000 tons per annum capacity. Both the manufacturing units of the company are ISO 9001-2000 complaint.

Key Highlights

Commodity Outlook for Copper by Kedia Commodity

Commodity Outlook for Copper by Kedia CommodityCopper ended lower as investors pocketed profits from gains on market optimism about a bailout package for Greece. LME copper warehouse stocks fell by 850 tonnes to 511,075 tonnes. COMEX copper stocks unchanged at
101,128 short tons as of Friday. Copper has touched a low of Rs 349.05 a kg after opening at Rs 351.15, and last traded at Rs349.6. For today market is looking for the support at 347.1, a break below could see a test of 344.6 and where as resistance is now likely to be seen at 354.1, a move above could see prices testing 358.6.

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