Monday, 16 January 2012

NCDEX News On RBD

It was a very good day for NCDEX as it launched its RBD palmolein future contract. NCDEX is the india’s first exchange that offer future trading to the investor with contract size of 1 MT and thick size is 50 paisa,the delievery unit is 10 MT and delivery centre was taken to be kandla the whole thing is designed in a order that it attract retail participation.The experts said that the palm oil is the one of the major consuming edible oil in india also with 46% market share.

Monday, 9 January 2012

NCDEX 2011 TRADE VOLUME


NCDEX started New year with very good result as the exchange passed the highest traded volume of Rs 11,290 crore on Tuesday last week as expert analyze. NCDEX expert says this was higher than the last year traded volume of Rs 11,061 crore recorded on last year 29 july. NCDEX has been repeatedly increasing from the physical market participants and the long term investors in the recent past because of the growing open intrest , where NCDEX shown 30% increase over the last year.

Thursday, 5 January 2012

Gold Price Meltdown


GOLD was in his best in the month of July and August last year. A Gold Price of $2,000 an ounce looked a certainty before the end of the year, writes our experts.
But then unusual forces raise the Gold Price and all other global financial markets. Shades of the credit crunch hit the markets under the title of the Eurozone debt crisis. This had been going on for the last two years, but it entered a very dangerous stage in the last quarter of year 2011.

Monday, 2 January 2012

2nd dec 2012 Market Tips


1.BUY Tata Motors, cmp is Rs 178,the target is Rs 183 and stop loss is Rs 176.
2.Buy Axis Bank, cmp is Rs 807,the target is Rs 795 and stop loss is Rs 815.
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