Profitable NCDEX Tips | The Strategy Of Government On Kharif

Profitable NCDEX Tips |The fall in rupee has been deeper than the dollar. Dollar price has crossed 67 rupees. The rupee has dropped to nearly 15 months at the lower level. Actually, crude oil has risen sharply. There is a double pressure on the rupee. The increase in crude oil is getting heavier on the rupee. Gold and silver have also risen from the weak rupee. Meanwhile, trading in the base metal is going all-round.

Now talk of the weather, the continuation of the storm and rain continues in North India since last week and the weather department has feared weather to deteriorate in nearly 13 states of the country in the next 24 hours. According to the Rudra Investment NCDEX Expert, there could be storms and heavy rains in many areas of Jammu and Kashmir, Himachal Pradesh and Uttarakhand. In Punjab, Haryana and Western UP, there is a possibility of a storm. In this way, all schools in Haryana have been closed for 2 days.

Next month the monsoon will knock. The Kharif season is in front. In such a situation, the government has come into action in regard to farmers' minimum support price for Kharif. 
Meanwhile, the decline in gram in the agri commodity has gone up. Its price is at the lower level of last 3 years. It is 1 percent broken in futures. There is another big news in the meantime. Commodity Exchange MCX will soon launch 4 more commodities options. These commodities will be crude oil, silver, copper, and zinc. The exchange has got approval from SEBI to start these four commodities options. At present, there are only options in gold on the exchange.

Rudra Investment Profitable NCDEX Tips

MCX Gold (June futures): Buy - 31180, Goal - 31400, Stoploss - 31080
MCX Silver (July futures): Buy - 39900, Goal - 40500, Stoploss - 39700
MCX Crude Oil: Buy - 4700, Target - 4780, Stoploss - 4660
MCX Natural Gas (May futures): Buy - 183, Target - 187, Stoploss - 180.50
MCX Copper (June futures): Buy - 458, Goal - 463, Stoploss - 455
MCX Lead (May futures): Buy - 155.80, Goal - 157.20, Stoplosss - 154.80
MCX Zinc (May futures): Buy - 205.50, Goal - 208, Stoploss - 204.20
MCX Nickel (May futures): Buy - 932, Goal - 950, Stoploss - 922
MCX Aluminum (May futures): Buy - 158.50, Goal - 160.50, Stoploss - 157.00


NCDEX mustard (May futures): Buy - 3820, target - 3870, Stoploss - 3785
NCDEX Chana (May futures): Sell - 3550, Goal - 3480, Stoploss - 3580