Commodity MCX: Live Gold Intraday Tips

mcx gold

MCX Gold Tips for Today

Buy Gold between 28460 – 28480 S/L: 28420 Targets: 28650-28691+
Risk High – Profit Med – QTY Low

+SELL Gold @ 28450-28440 S/L 28492 Targets: 28340 – 28262 below
Risk Low – Profit High – QTY High

Now, smart traders can understand what to do!
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NIFTY Updated 15th, April 2014

nifty-tips

Support 6721 to 6733 (Just watch this level as buying, Suppose to happen this support, then targets 6776 to 6791)

If crossover 6800, then NF can fire 6878-6900 Below, 6700, NF can be weak…

I will update more information very soon.

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Commodity MCX / NCDEX Gold, Silver, Gurchmuzr, Jeera, Chana… tips!

mcx gold and silver

Today, MCX Gold and Silver is looking downward from opening bell but overall up! Gold comes in fear zone thus make your any discussion carefully.
I will update more due to market hours for members only!

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ncdex gur
NCDEX Gurchmuzr

Sell sell sell!
Targets: 1174-1162 below

NCDEX jeera
NCDEX Jeera

Read our 8th Apr newsletter/email, I had already written targets: 9670-9586 below
On 8th Apr, I had also written about Guard seed and Guargum. Both touched my all targets next day!

ncdex chana charddel

If you want to go safely, then sell Chana without any worry!
Close your eyes and go with it. Sell on every rise…
Targets: 2995-2981-2967 below

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Commodity MCX / NCDEX Holidays list in 2014

In terms of the Bye-laws, Rules and Regulations of the Exchange, the following days are declared as trading holidays for the calendar year 2014 along with details whether the holidays would be full or part holidays for trading:

DescriptionDateDaysNormal SessionEvening Session
Id-E-Milad14th JanTuesdayClosedOpen
Mahashivratri27th FebThursdayClosedOpen
Holi (2nd day)17th MarMondayClosedOpen
Ram Navami08th AprTuesdayClosedOpen
Dr. Ambedkar Jayanti14th AprMondayClosedOpen
Good Friday18th AprFridayClosedClosed
Maharashtra Day1st MayTursdayClosedOpen
Budha Purnima14th MayWednesdayClosedOpen
Ramzan ID29th JulTuesdayClosedOpen
Independence Day15th AugFridayClosedClosed
Ganesh Chaturthi29th AugFridayClosedOpen
Gandhi Jayanti2nd OctThursdayClosedClosed
Dusssera3rd OctFridayClosedOpen
Bakri ID6th OctMondayClosedOpen
Diwali – Laxmi Puja *23rd OctThursday* Open* Open
Diwali – Balipratipada24th OctFridayClosedOpen
Moharum 04th Nov. 144th NovTuesdayClosedOpen
Guru Nanak Jayanti06th NovThursdayClosedOpen
Christmas25th DecThursdayClosedClosed

Market timing

Trading on the commodities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the commodities segment are:
Normal session time: 10:00AM to 5:00PM
Evening session time: 5:00PM to 11:30/11:55PM

*Market would be open for Muhurat Trading, timings for which will be informed separately.

Data and information provided by Commodity MCX & NCDEX exchange.

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Moneymunch: SEBI eyes on MCX Dabba trading and complaints

Securities and Exchange Board of India, Sebi

What is Dabba trading (Definition): The investor’s trades [buy/sell orders] do not executed on stock exchanges system but in the dabba operators books only.

Top reason for dabba trading: mainly to save on tax and trading fees. But traders don’t know, dabba trading or trading in commodity (MCX / NCDEX) futures outside the FMC-regulated exchanges is illegal as per the Forward Contracts Regulation Act (FCRA), 1952.

Dabba trading is also risky as it does not provide protection against counterparty default risk as guaranteed by commodity futures exchanges for trades done on them.

Market controller Sebi may break down on dabba trading that is said to be out of control in cities like Rajkot, Ahmadabad, Mumbai and Indore, following (consumer) complaints from market participants.

Dabba trading activities is 70% more existing in equity trading rather than commodity market. Look below image:

Cash turnover increases

(GIVEN by LOKESHWARRI SK BL RESEARCH BUREAU)

SEBI is asking, are Gujaratis losing interest in equity trading?

SEBI sources said: finding exact information from market participants about such illegal activities, has furthermore written to the state governments seeking information in this regard.

If you notice any illegal commodity futures market activity, please report to:
Forward Markets Commission, Everest, 3rd Floor, 100, Marine Drive, Mumbai 400 002, Tel: 022-227 953 00, Fax: 022-2281 2086, Email: [email protected]

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ADANIENT 423-426

adani

(NSE Stock Future)

Targets for ADANIENT 432-436 buy 423-426-420 SL 418 … Short Term targets 444-469

BUY THIS STOCK 423 as much as you can for targets 436-438-440

(10/50/100 lots) for 10 min. only)

This stock also given to Subscribers

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