Commodity Braking News Today 10 April 2012

MCX and NCDEX Gram (Chana), Mustard possible ban on future trading                           

Commodity Chana (Gram) and mustard on future trading may be restriction by government. Indian government’s decision is the future of the gram and mustard is subject to restriction on investing or to continue it.

Although Government of India will be recommend ban on future trading. Because gram and mustard is over the futures trading in the ministry of consumer affairs will be meeting. After all conference of the meeting, submit report its reports to the government's Commodity market regulator FMC.

Cotton production of India this year could drop. According to USDA report on export is not clear because of the attitude of the Indian government s are taking a toll on export deals. The Commodity Cotton prices have come down in India.

NCDEX Agri Commodity Tips and Update 29 March 2012

NCDEX, NCDEX Live Tips, NCDEX Update, Pepper Tips, Chana Tips Resistance and Support, Pepper Call Today, Mustard Tips, Agri Commodity Tips Today

NCDEX Pepper Update and Tips: - In domestic market NCDEX has started down trend in previous at Rs 40650, while it was closed at Rs 40820 on Wednesday. Now it is also seen Negative with 0.6 at Rs 40732 at around 5.30 Pm on Thursday.
NCDEX Pepper Intraday Call
Buy NCDEX Pepper with April Contract above 40750.
Targets- 40867, 40915
Stop loss- 40611
NCDEX Chana and Mustard: - In NCDEX Chana has seen declined in previous and its currently is trading down near to 0.3 percent at Rs 3,613. Chana on NCDEX in the last three days has dropped at around 10 percent. NCDEX mustard is trading up one percent at 3,800.