Noon updates - Natural Gas Laid low By Profit Booking

 

Natural Gas Updates -  Natural Gas futures plummeted by over 3 per cent during noon trade in the domestic market on Monday as investors and speculators resorted to profit booking in the energy commodity after a spectacular rally on Friday and Thursday when upbeat supplies data which showed a hefty storage withdrawal, coupled with forecasts for colder weather in the US in the first two weeks of February which bolstered the demand outlook for the heating fuel, buoyed sentiment.

 

US gas stockpiles fell by 211 billion cubic feet to 3.086 trillion cubic feet in the week ended January 22, 2016. About 49 per cent of US households use natural gas for heating purposes. November to March is the peak US gas heating season.
 

At the MCX, Natural Gas futures for February 2016 contract is trading at Rs 150.6 per mmBtu, down by 3.4 per cent, after opening at Rs 155, against the previous closing price of Rs 155.9. It touched an intra-day low of 150.2.

Natural Gas surges nearly 6% on upbeat storage data

Natural Gas futures soared in the domestic and overseas market on Thursday as investors and speculators booked fresh positions in the energy commodity as a bigger than expected dip in US storage levels last week signaled a pickup in heating demand for the fuel as cold weather resulted in higher consumption of gas-fired electricity at offices and homes in the world’s biggest economy.
 

           The EIA reported that US gas supplies fell by 113 billion cubic feet to 3.643 trillion cubic feet in the week ended January 1, 2016, against expectations of an inventory withdrawal of 99 billion cubic feet and a prior week’s drawdown of 58 billion cubic feet. US storage withdrawal was 116 billion cubic feet in the same period a year ago while the five-average dip was 129 billion cubic feet. At the MCX, Natural Gas futures for January 2016 contract closed at Rs 160.9 per mmBtu, up by 5.92 per cent, after opening at Rs 152.8, against the previous closing price of Rs 151.9.It touched an intra-day high of Rs 161.3.

Natural Gas Updates - Mild Weather outlook hits Natural Gas

Natural gas futures tanked more than 2.5 per cent in the domestic market on Tuesday as investors and speculators exited positions in the energy commodity as forecasts for mild weather across parts of the US threatened to curb the heating demand for the fuel in the world biggest economy.

Updated weather forecasting models called for warmer than above temperatures to return to the US east coast in the coming week, dimming the need for gas-fired heating at offices and homes.
 

About 49 per cent of US households use natural gas for heating purposes. November to March is the peak US gas heating season
 

At the MCX, Natural Gas futures for January 2016 contract closed at Rs 152.7 per mmBtu, down by 2.74 per cent, after opening at Rs 156, against the previous closing price of Rs 157 .It touched an intra-day low of Rs 152.3.

Natural Gas Unchanged Ahead on a flat Note

Free commodity tips - Natural Gas futures ended on a flat note in the domestic market on Wednesday as investors and speculators stayed on the sidelines ahead of the weekly US storage data set for release on Thursday which may show that stockpiles shrank by a smaller-than-average amount last week, signaling weak heating demand for the fuel in the world’s biggest gas consuming nation.
 

The EIA may today show a stockpile withdrawal of 63 billion cubic feet in the week ended December 4, compared to a five-year average decline of 65 billion cubic feet.  A warmer –than-average winter season, thus far, in the US has limited demand for gas-fired heating in offices and homes.
 

At the MCX, Natural Gas futures for December 2015 contract closed at Rs 138.7 per mmBtu, unchanged, after opening at Rs 139.2, against the previous closing price of Rs 138.7.

Natural Gas plunges on Bearish Storage Data

Natural Gas futures plummeted in the domestic market on Thursday as investors and speculators exited positions in the energy commodity as a hefty storage build signaled that the market remains more than adequately supplied even as demand subsided amidst the end of the summer heat season.

US gas supplies climbed 98 billion cubic feet to 3.538 trillion cubic feet in the week ended September 25, 2015, the EIA said. The gains in supplies topped the five-year average injection of 94 billion cubic feet, while total storage levels were 15 per cent higher than year-ago levels.

At the MCX, Natural Gas futures for Oct 2015 contract closed at Rs 161.9 per mmBtu, down by 2.88 per cent, after opening at Rs 167, against the previous closing price of Rs 166.7. It touched an intra-day low of Rs 161.3. 

 

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Warm weather outlook bolsters Natural Gas

Natural Gas futures soared by nearly 2 per cent in the domestic market on Wednesday as investors and speculators booked fresh positions in the energy commodity as forecasts for above normal temperatures bolstered the demand outlook for the power plant fuel that is used in firing up air conditioners at offices and homes.The MDA Climatic Services predicted Strangely hot weather in the US Northeast, mid-Atlantic and Midwest from August 15 through August 24, 2015.About 49 % of US every day use natural gas for cooling purposes.

At the MCX, Natural Gas futures for August 2015 contract closed at Rs 182.10 per 1 kg, up by 1.51 per cent after opening at Rs 180.50, against the previous closing price of Rs 179.40. It touched the intra-day high of Rs 182.70 till the closing.

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Mcx Commodity Tips : Extending a freefall, crude oil shed nearly 1 %

Mcx Commodity Tips : Extending a freefall, crude oil shed nearly 1 per cent in the domestic market on Wednesday as investors and speculators exited positions in the energy commodity as a surprise rise in US oil storage last week threatened to exacerbate a global supply glut. Crude oil stockpiles in the US climbed by 384,000 barrels to 465.8 million barrels in the week ended July 3, 2015, the EIA said, in contrast to analysts’ estimates for a drop of 700,000 barrels. Total US oil supplies are at the highest level in at least 80 years. Supplies at Cushing, the biggest US oil storage hub, climbed by 223,000 barrels last week, the report added. Meanwhile, the deepening stock market rout in China, the world’s second biggest energy consumer and fears over Greece exiting the euro forced a flight away from risky assets. China’s stocks sank nearly 6 per cent on Wednesday as traders unwind margin bets at a high record rate, eroding as much as USD 3.5 trillion of value from the country’s equities. Further, Greece has been handed out a Thursday deadline by European leaders to submit fresh economic reform measures including spending cuts to press for a new bailout and remain in the euro. Adding to Oil’s woes, the Federal Reserve in the minutes of its latest policy meet in June warned of the potential risks to the US economy from the turmoil in Greece and China. Oil may extend losses today as burgeoning US crude oil supplies raise bets that the oil market remains oversupplied. At the MCX, Crude oil futures, for the July 2015 contract, closed at Rs 3,276 per barrel, down by 0.91 per cent, after opening at Rs 3,296, against the last close price of Rs 3,306. It touched an intraday low of Rs 3,245.

For more info click here : Mcx Commodity Tips

Mcx Commodity tips and Updates for 8 July 2015

Mcx Commodity tips : Extending a decline from Monday, the yellow metal fell prey to a steep sell-off with prices tanking more than 1 per cent in the domestic market on Tuesday as a stronger dollar curbed the demand for the bullion as an alternative asset. The dollar spiked against a basket of key currencies as investors sought shelter in the safety of the greenback as fears over Greece exiting the euro heightened as European leaders held an emergency summit to decide Greece’s fate in the euro. After European leaders set a Sunday deadline for Greece to submit a new set of reforms or face the ugly consequences of being pushed out of the common currency. German chancellor Angela Markel conceded that she wasn’t very optimistic over a solution to Greece’s five-year debt troubles while an event of a Greek exit from the euro threatens to undermine the credibility of the euro that was meant to be irreversible, casting doubts over the strength of the region’s economic, monetary and political integration, prompting an exit from risky assets and bolstering safe haven demand for the US currency. Gold may trade on a subdued note today as trader’s eye the FOMC minutes which may offer cues over the timing of a maiden rate lift-off since 2006. At the MCX, Gold futures for August 2015 contract closed at Rs 26,032 per 10 gram, down by 1.12 per cent after opening at Rs 26,276, against the last closing price of Rs 26,328. It touched the intra-day low of Rs 25,883 till the closing.

For More Info Click here : Mcx Commodity tips

Mcx Gold Tips and Updates for 7 July 2015

Mcx gold tips : The yellow metal succumbed to slim losses in the domestic market on Monday as the strength of the dollar held back demand for Gold as an alternative asset. The dollar rallied as investors sought shelter in safe haven assets after a decisive “no” vote at a Greek bailout referendum raised the risk of the country’s exit from the euro, prompting investors to cut risky bets. Sunday’s referendum results showed that 61 % of Greeks voiced against further spending cuts and tax hikes imposed by the country’s creditors, pushing Greece into an economic unknown with its euro membership now in limbo. Euro area finance ministers and leaders will hold an emergency meeting on Tuesday with German Chancellor Angela Merkel warning that time is running out for Greece to reach a plan to remain a part of the euro while the European Central Bank (ECB) tightened liquidity norms for the cash-strapped Greek banking and financial system. However, gold received some support from speculation of further aggressive policy easing measures in China to stem a stock market rout, which may help bolster gold demand in one of the world’s leading bullion consumers. The precious metal may ink a rebound today as traders eye the outcome of a Euro area emergency meet to discuss Greece, bolstering safe haven inflows into the bullion.

At the MCX, Gold futures for August 2015 contract closed at Rs 26,328 per 10 gram, down by 0.09 per cent after opening at Rs 26,369, against the last closing price of Rs 26,352. It touched the intra-day low of Rs 26,187 till the closing.

For more info click here: Mcx gold tips

Mcx Commodity tips : Maize prices closed higher by 0.92 %

Mcx Commodity tips : Maize prices closed higher by 0.92 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At the NCDEX, maize futures for July 2015 contract closed at Rs. 1,209 per quintal, up by 0.92 per cent, after opening at Rs. 1,204 against the previous closing price of Rs. 1,198. It touched the intra-day high of Rs. 1,211.

Jeera prices closed lower by 1.88 per cent on Friday 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 July 2015 contract closed at Rs. 15,885 per quintal, down by 1.88 per cent, after opening at Rs. 16,150 against the previous closing price of Rs. 16,190. It touched the intra-day low of Rs. 15,725.

For More Information click here : Mcx Commodity tips

Zinc Futures Pummeted 1.5 % in the Domestic

Zinc futures plummeted 1.5 per cent in the domestic market on Thursday as investors and speculators exited positions in the industrial metal amid weak physical demand for Zinc in the domestic spot market. Further, new home prices in China, the world’s biggest metals consumer, fell in May while FDI growth weakened, dampening the demand outlook for the base metal. New home prices in China fell in 41 out of 70 cities tracked by the government survey in May 2015 from the previous month, while China’s outbound FDI grew 7.8 %, year on year in May 2015, missing analysts’ expectations for an annual 8 per cent rise and compared to a 10.5 per cent increase in April 2015 from the same month a year ago.

At the MCX, Zinc futures for June 2015 contract closed at Rs 131.15 per 1 kg, down by 1.50 per cent after opening at Rs 133.35, against the last closing price of Rs 133.45. It touched the intra-day low of Rs 131.10 till the closing.

Morning Trading Calls for 19 June 2015

NIFTY BONANZA

NIFTY BONANZA: BTST BANK NIFTY HIT 1S TGT 17780 CMP BOOK PART PROFIT 

NIFTY BONANZA

NIFTY BONANZA: BTST BANK NIFTY HIT FINAL TGT 17880 HIGH OF 17979.90 BOOK FULL PROFIT

ULTRA EQUITY

ULTRA CASH: BUY JUSTDIAL IN THE RANGE 1174-1175 TGTS 1185/1200 SL 1162 

NIFTY FUTURES

NIFTY: BUY BANK NIFTY ABOVE 17775 TGTS 17815/17875/17975 SL 17715 

ULTRA EQUITY

ULTRA CASH: SELL JSWSTEEL BELOW 885 TGTS 877/867 SL 895

EQUITY TIPS

CASH: BUY RALLIS ABOVE 229 TGTS 231/234/239 SL 226

Mcx Commodity Tips For 18 June 2015

Stock Market News : Gold futures ended lower in the domestic market on Wednesday as the US Federal Reserve moved closer to undertaking the maiden interest rate lift-off since 2006 even as it signaled a more gradual pace of subsequent monetary tightening. The Fed, which kept its key interest rate unchanged near zero signaled strong progress in the labour market since its last meet in April with new forecasts pointing to a two-quarter-point rate rise in 2015, dimming the lure for the bullion as a store of value. The world’s top central bank said that it will be extremely patient in raising interest rates over the next two and a half years, as it signaled slower than anticipated rate hikes in 2016. Meanwhile, a weaker dollar boosted the demand for Gold as an alternative asset. Weaker greenback makes Gold cheaper for those holding other currencies, thus bolstering demand, trimming losses in the Bullion. Meanwhile, traders continued to eye events in Greece with Europe insisting on the country to undertake spending cuts worth 2 billion euro in order to secure further aid before the loan-repayment deadline expires in late June. Gold may fall steeper today as the Fed signaled a rate hike this year.

At the MCX, Gold futures for June 2015 contract ended at Rs 26,880/10 gram, down by 0.28 after opening at Rs 26,919, against the last closing price of Rs 26,956. It touched the intra-day low of Rs 26,803 till the closing.

Morning Trading Calls

ULTRA EQUITY

ULTRA CASH: BUY DHFL ABOVE 428 TGTS 432/442 SL 423

EQUITY HNI

EQUITY HNI: BUY PEL ABOVE 939 TGTS 950/965 SL 924

EQUITY TIPS

CASH: BUY PIDILITIEND ABOVE 538 TGTS 542/550/565 SL 533

NIFTY BONANZA

NIFTY BONANZA: BTST BANK NIFTY HIT 1ST TGT 17600 HIGH OF 17686 NEAR TO OUR FINAL TGT 17700 CMP 17650 BOOK PART PROFIT

ULTRA EQUITY

ULTRA CASH: BUY HDFC ABOVE 1211 TGTS 1221/1236 SL 1199

EQUITY HNI

EQUITY HNI: BUY JSWSTEEL ABOVE 865 TGTS 875/900 SL 850

EQUITY TIPS

CASH: BUY DHFL ABOVE 427 TGTS 431/436/444 SL 422

Stock Market News And Updates for 17 June 2015

Stock Market News : Zinc futures closed with significant losses in the domestic market on Tuesday as investors and speculators exited positions in the industrial metal amid weak physical demand for Zinc in the domestic spot market. Moreover, economic sentiment in Germany plunged to the lowest level in seven months in June as fears over Greece threatened to stall the recovery of Europe’s biggest economy, clouding the demand outlook for industrial metals.

The gauge measuring German economic sentiment fell to 31.5 in June from 41.9 in May, ZEW said. Further, American builders broke ground on fewer homes in May as housing starts slumped 11.1 per cent to a 1.04 million annualized rate, signaling a cooling housing recovery in the world’s biggest economy, exasperating losses in the industrial metal. At the MCX, Zinc futures for June 2015 contract ended at Rs 134.15/1 kg, down by 0.67 per cent after opening at Rs 135.25, against the last closing price of Rs 135.05. It touched the intra-day low-lying of Rs 133.65 till the closing.

Natural Gas futures ended with modest losses in the domestic market on Tuesday as investors and speculators resorted to profit booking in the energy commodity following the sharp gains in the previous session when prices spiked over 4 per cent as warmer weather outlook in the US bolstered the demand prospects for the fuel which is used to fire up power plants as air conditioning demand rises at offices and homes. Latest weather forecasting models called for warmer-than-average temperatures in the eastern third of the US through June 24, 2015. About 49 per cent of American households use natural gas for cooling purposes. At the MCX, Natural Gas futures for June 2015 contract closed at Rs 184.70 per 1 kg, down by 0.38 per cent after opening at Rs 186, against the previous closing price of Rs 185.40. It touched the intra-day low-lying of Rs 182.50 till the closing.

Morning Trading Calls For 17 June 2015

ULTRA EQUITY

ULTRA CASH: BUY UBL ABOVE 890 TGTS 900/920 SL 878

EQUITY HNI

EQUITY HNI: BUY THERMAX ABOVE 935 TGTS 945/960 SL 920

EQUITY TIPS

CASH: BUY CENTRALBK ABOVE 100 TGTS 101/103/106 SL 98.50

NIFTY FUTURES

NIFTY: BUY BANK NIFTY ABOVE 17620 TGTS 17660/17715/17815 SL 17555 

STOCK OPTIONS

OPTION: BUY IRB 230 CALL ABOVE 2.50 TGTS 3.50/5/7.50 SL 1

ULTRA OPTIONS

ULTRA OPTION: BUY IDEA 170 CALL ABOVE 3 TGTS 4/6 SL 2

EQUITY TIPS

CASH: SELL KTK BANK BELOW 129.60 TGTS 128.60/126.60/123.60 SL 131.10 

EQUITY HNI

EQUITY HNI: BUY NAUKRI ABOVE 815 TGTS 825/845 SL 800

MCX COMMODITY TIPS AND UPDATES FOR 16 JUNE 2015

Stock Market News : Starting the week on a rather gloomy note, crude oil prices retreated more than 1 per cent in the domestic market on Monday as trader’s exited positions in the energy commodity as heightened fears over a supply glut plaguing the global oil market marred sentiment. OPEC members Saudi Arabia, Iraq and the UAE, are all pumping oil at record rates, overshadowing a drilling slowdown in the US amid the twenty-seventh straight weekly drop in US oil drilling rig count. A surprise drop in US industrial output in May signaled weakness in the world’s biggest economy that succumbed to a contraction earlier in the year, darkening the demand outlook for the fuel. US industrial production fell 0.2 per cent in May 2015 from the previous month, when it shrank a revised 0.5 per cent. Moreover, manufacturing activity in the New York region shrank in June, adding to investor jitters. The gauge measuring manufacturing activity in the New York region fell to -2 in June from 3 in May, with a reading below zero signaling contraction. Oil may rebound today as the sharp losses in the fuel in recent sessions offer investors, a good bargain buying opportunity, at existing levels.

At the MCX, Crude oil futures, for the June 2015 contract, closed at Rs 3,818 per barrel, down by 1.04 per cent, after opening at Rs 3,852, against the last close price of Rs 3,858. It touched an intraday low of Rs 3,770.

Morning Calls For Trading:

STOCK FUTURES

FUTURE: SELL DLF BELOW 107.80 TGTS 107.05/105.90/104.05 SL 108.80 

ULTRA FUTURES

ULTRA FUTURE: BUY JUBILANT FOOD ABOVE 1765 TGTS 1785/1799 SL 1755 

EQUITY TIPS

CASH: SELL RELCAPITAL BELOW 346.60 TGT 343.20/338.20/331.20 SL 349.40 

ULTRA FUTURES

FUTURE: SELL IRB INFRA BELOW 222.65 TGTS 221.15/218.35/214.85 SL 224.65 

STOCK FUTURES

FUTURE: DLF HIT 1ST TGT 107.05 LOW OF 106.50 BOOK PART PROFIT 

STOCK FUTURES

FUTURE: SELL JSWENERGY BELOW 99 TGTS 98.25/97.25/96 SL 100

Stock Market News And Updates For 15 June 2015

Stock Market News : Gold futures ended on a flat note in the domestic market on Friday as investors and speculators stayed cautious over booking fresh positions in the precious metal ahead of the Federal Reserve’s two-day policy meet beginning this Tuesday where the world’s top central bank may offer further cues over when it plans to raise interest rates for the first time since 2006. Producer prices in the US returned to positive terrain in May led by the biggest jump in fuel costs in at least five years, signaling a pickup in inflation in the world’s biggest economy, bolstering the case for a near-term rate hike, dimming the lure for the bullion as a store of value. US producer price index climbed 0.5 per cent in May 2015 from the last month, when it fell 0.4%. Rising wholesale prices, coupled with a rise in consumer confidence in June, jump in May retail sales and upbeat May payroll numbers may prompt the Fed to bring forward its timetable for a rate lift-off. Gold may continue to trade on a subdued note today amid Fed caution while Greece debt talks will also be eyed as it scrambles to reach a negotiation with its creditors who are demanding stricter and more austere economic reform conditions to enable the country secure further aid even with the June -end loan re-payment deadline approaching fast.

At the MCX, Gold futures for June 2015 contract closed at Rs 26,894 per 10 gram, up by 0.007 after opening at Rs 26,904, against the last ending price of Rs 26,892. It touched the intra-day maximum of Rs 26,975 till the closing.

Stock Market Tips and News for 11 June 2015

Stock Market Tips : Natural Gas futures winged in the domestic market, hitting a three-week high in the overseas market on Wednesday as investors and speculators booked fresh positions in the energy commodity amid bets that warmer than normal temperatures across many regions in the US through June 18 may bolster the demand for the fuel as cooling need arises. All eyes are on Thursday’s storage data which may show a build of 110 billion cubic feet in US gas supplies in the week ended June 5. Supplies rose 109 billion cubic feet in the same period a year ago while the five-year average build was 89 billion cubic feet.

At the MCX, Natural Gas futures for June 2015 contract closed at Rs 185.10/1 kg, up by 1.42 % after opening at Rs 183, against the last closing price of Rs 182.50. It touched the intra-day high of Rs 187.10 till the closing.

Morning Trading Calls

STOCK FUTURES 

FUTURE: SELL APOLLO TYRE BELOW 163.80 TGTS 163.05/161.80/160.05 SL 164.80 

STOCK FUTURES 

FUTURE: APOLLO TYRE HIT 1ST TGT 163.05 LOW OF 162.05 BOOK PART PROFIT 

STOCK FUTURES 

FUTURE: SELL JUBILANT FOOD BELOW 1757 TGTS 1751/1741/1726 SL 1765 

INTERNATIONAL FOREX PACK 

I FOREX: BUY GBP/JPY ABOVE 190.80 TGTS 191.00/191.30 SL 190.60 

ULTRA EQUITY 

ULTRA CASH: SELL BHARATFORGE BELOW 1145 TGTS 1135/1115 SL 1160 

STOCK FUTURES 

FUTURE: BUY AURO PHARMA ABOVE 1324 TGTS 1330/1340/1354 SL 1316 

STOCK FUTURES 

FUTURE: JUBILANT FOOD HIT 1ST TGT 1751 LOW OF 1746.20 BOOK PART PROFIT 

EQUITY HNI 

EQUITY HNI: BUY CENTRALBK ABOVE 99.75 TGTS 101.25/103.75 SL 97.75 

STOCK OPTIONS 

OPTION: BUY HINDPETRO 700 CALL ABOVE 22 TGTS 24/27/32 SL 19 

NIFTY BONANZA 

NIFTY BONANZA: BTST BANK NIFTY HIT 1ST TGT 17730 HIGH OF 17800 NEAR TO OUR FINAL TGT 17830 BOOK MORE PROFIT 

EQUITY TIPS 

CASH: SELL RALLIS BELOW 221.50 TGTS 219.50/216.50/211.50 SL 224.50

Stock Market News and Tips for 21 May 2015

Stock Market News: Mustard seed prices closed higher by 1.26 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for June 2015 contract closed at Rs. 4,100 per quintal, up by 1.26 per cent, after opening at Rs. 4,040 against the previous closing price of Rs. 4,049. It touched the intra-day maximum of Rs. 4,155.

Chana prices closed lower by 0.06 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for June 2015 contract closed at Rs. 4,697 per quintal, down by 0.06 %, after opening at Rs. 4,690 against the previous closing price of Rs. 4,700. It touched the intra-day low of Rs. 4,683.

Stock Market Free Tips

ULTRA FUTURES 

FUTURE: SELL ADANI ENTERPRISE BELOW 776 TGTS 771/764 SL 781 

STOCK FUTURES 

FUTURE: SELL ARVIND BELOW 242 TGTS 240.50/238/234.50 SL 244 

NIFTY BONANZA 

NIFTY BONANZA: STBT BANK NIFTY MADE A LOW OF 18485.25 NEAR TO OUR 1ST TGT 18450 BOOK PARTIAL PROFIT 

ULTRA EQUITY 

ULTRA CASH: BUY CONCORL IN THE RANGE 1768-1770 TGTS 1785/1805 SL 1750 

EQUITY HNI 

EQUITY HNI: BUY TORENTPHARMA ABOVE 1250 TGTS 1265/1285 SL 1235 

EQUITY TIPS 

CASH: BUY EXIDE INDUSTRIES ABOVE 159.25 TGTS 160.50/163/166.75 SL 157.50 

NIFTY OPTIONS 

CASH: BUY NIFTY 8200 CALL IN THE RANGE 224-225 TGTS 235/250/270 SL 210 

STOCK FUTURES 

FUTURE: SELL BHEL BELOW 230 TGTS 228.50/226/222.50 SL 232

Stock Market News and Updates for 20 May 2015

Stock Market News: Mustard Seed prices closed lower by 1.23 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At NCDEX, Mustard Seed futures for May 2015 contract closed at Rs. 4,015/quintal, downward by 1.23 %, after opening at Rs. 4,035 against the previous closing price of Rs. 4,065. It touched the intra-day low of Rs. 4,010. Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity. EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 %), Canada (19 %), India (14 %), Australia (3 %), Ukraine (2 %). India produces 5.5 million MT to7 million MT annually.

Chana prices closed lower by 1.15 %on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At NCDEX, chana futures for May 2015 contract closed at Rs. 4,635 per quintal, down by 1.15 per cent, after opening at Rs. 4,681 against the previous closing price of Rs. 4,689. It touched the intra-day low of Rs. 4,625.

Mcx Commodity Tips and Updates for 19 May 2015

Mcx commodity tips: Natural gas futures eased in the domestic market on Monday as traders resorted to profit booking in the energy commodity, at existing levels, after a surge in prices in recent sessions when forecasts for warmer weather across parts of the US lifted the demand outlook for the fuel from gas-fired power plants while below than expected stockpile- built also bolstered sentiment. Weather forecasts remain supportive with above-normal temperatures across the eastern half of the US likely to bolster cooling demand for the fuel. At the MCX, Natural Gas futures for May 2015 contract closed at Rs 191.60 per 1 kg, down by 0.42 per cent after opening at Rs 191.50, against the previous closing price of Rs 192.40. It touched the intra-day low of Rs 189.90 till the closing.

19 May Market Calls:

STOCK FUTURES

FUTURE: BUY APOLLO TYRE ABOVE 185.55 TGTS 186.30/187.55/189.30 SL 184.55 

ULTRA FUTURES

ULTRA FUTURE: BUY ADANI ENTERPRISE ABOVE 772 TGTS 777/784 SL 767 

EQUITY HNI

EQUITY HNI: BUY WOCKPHARMA ABOVE 1342 TGTS 1357/1377 SL 1325 

STOCK FUTURES

FUTURE: APOLLO TYRE MADE A HIGH OF 186.15 NEAR TO OUR 1ST TGT 186.30 BOOK PART PROFIT

ULTRA EQUITY

ULTRA CASH: BUY KTK BANK ABOVE 125.25 TGTS 126.75/128.90/132.75 SL 123.25 

EQUITY TIPS

CASH: BUY KRBL ABOVE 168.50 TGTS 170/174/177.50 SL 166.50 

EQUITY TIPS

CASH: CENTRALBK HIT 1ST TGT 108.75 CMP 109.30 REC TO BUY @ 108 YESTERDAY BOOK PART PROFIT

STOCK FUTURES

FUTURE: BUY ADITYA BIRLA (ABIRLANUVO) ABOVE 1874 TGTS 1880/1890/1904 SL 1866

EQUITY TIPS

CASH: CENTRALBK HIT 2ND TGT 110 HIGH OF 111.70 REC TO BUY @ 108 YESTERDAY BOOK MORE PROFIT

EQUITY TIPS

CASH: FINATECH MADE A HIGH OF 171 NEAR TO OUR 1ST TGT 171.25 REC TO BUY @ 169.75 YESTERDAY BOOK PART PROFIT

Stock Market News and Updates for 18 May 2015

Stock Market News: Natural Gas futures finished the week on a strong note with prices rallying on Friday as traders bet that warmer weather across parts of the US may lift demand from power plants as the need for cooling homes and offices in the world’s biggest economy arises. Further, investors continued to cheer a weaker than expected stockpile-build with the latest EIA data showing that US gas stockpiles climbed by 111 billion cubic feet to 1.897 trillion cubic feet in the week ended May 8, 2015, compared to an estimated rise of 116 billion cubic feet by analysts. At the MCX, Natural Gas futures for May 2015 contract closed at Rs 192.40 per 1 kg, up by 0.94 per cent after opening at Rs 191.20, against the previous closing price of Rs 190.60. It touched the intra-day high of Rs 192.90 till the closing.

Extending Thursday’s slump, Zinc closed on a bearish note on Friday as subdued physical demand for the industrial metal in the domestic spot market and weak US economic indicators prompted a sell-off by investors and speculators. American factories grinded to a halt last month as manufacturing output remained unchanged while overall US industrial output fell 0.3 per cent in April 2015 from the previous month, marking the fifth monthly drop while the index measuring consumer confidence slipped to the lowest level since October at 88.6 in May from 95.9 in the previous month. At the MCX, Zinc futures for May 2015 contract closed at Rs 145.55 per 1 kg, down by 0.68 per cent after opening at Rs 146.70, against the previous closing price of Rs 146.55. It touched the intra-day low of Rs 144.40 till the closing.