Friday, April 24, 2015

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Agro Outlook Updates and Free Trading Tips for 24 April 2015

Stock Market News: Maize prices closed higher by 0.76 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At NCDEX, maize futures for May 2015 contract closed at Rs. 1,195 per quintal, up by 0.76 per cent, after opening at Rs. 1,189 against the previous closing price of Rs. 1,186. It touched the intra-day high of Rs. 1,201.

Jeera prices closed lower by 0.3 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for May 2015 contract closed at Rs. 18,405 per quintal, down by 0.3 per cent, after opening at Rs. 18,400 against the previous closing price of Rs. 18,460. It touched the intra-day low of Rs. 18,260.

Barley prices closed higher by 2.98 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At NCDEX, barley futures for May 2015 contract closed at Rs. 1,228 per quintal, up by 2.98 per cent, after opening at Rs. 1,192 against the previous closing price of Rs. 1,192.5. It touched the intra-day high of Rs. 1,230.

Chana prices closed higher 1.97 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At NCDEX, chana futures for May 2015 contract closed at Rs. 4,045 per quintal, up by 1.97 per cent, after opening at Rs. 3,972 against the previous closing price of Rs. 3,967. It touched the intra-day high of Rs. 4,049.

Stock Market Trading Tips

ULTRA FUTURES
ULTRA FUTURE: STBT BOOK PART PROFIT IN WOCK PHARMA SELL CALL AT CMP 1325 NEAR TO OUR 1ST TGT 1320

ULTRA FUTURES
ULTRA FUTURE: CORRECTION STBT BOOK PART PROFIT IN AURO PHARMA SELL CALL AT CMP 1325 NEAR TO OUR 1ST TGT 1320

ULTRA EQUITY
ULTRA CASH: SELL UBL BELOW 1060 TGTS 1050/1030 SL 1070 

STOCK FUTURES
FUTURE: STBT ADANI ENETRPRISE HIT 1ST TGT 666 LOW OF 665.25 BOOK PART PROFIT AND EXIT 

STOCK OPTIONS
OPTION: BUY BHARTIARTL 410 CALL ABOVE 4.50 TGTS 5.50/7/9.50 SL 3

EQUITY HNI
EQUITY HNI: BUY THERMAX ABOVE 995 TGTS 1005/1020 SL 983 

STOCK FUTURES
FUTURE: BUY AXIS BANK ABOVE 527 TGTS 530/535/542 SL 523 

ULTRA FUTURES
ULTRA FUTURE: BUY HEXAWARE ABOVE 314 TGTS 315.25/317 SL 312.75

ULTRA FUTURES
ULTRA FUTURE: HEXAWARE HIT 1ST TGT 315.25 HIGH OF 315.40 BOOK PART PROFIT

FUTURE BONANZA
FUTURE BONANZA: BOOK PART PROFIT IN WOCK PHARMA SELL CALL AT CMP 1692.40 NEAR TO OUR 1ST TGT 1690, PROFIT OF RS. 3800 IN SINGLE LOT

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