EPIC RESEARCH NCDEX Jeera UPDATE OF 18 April 2019

Jeera trading range for the day is 16050-17070.

* Jeera gained amid improving demand from the bulk buyers for new season crop.

* However, upside seen limited amid heavy supplies in the physical market.

* India's cumin seed output is set to touch 416,000 mln tns for 2019, about 9% higher than the previous year, supported by a sharp jump in production in Rajasthan.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH NCDEX Turmeric UPDATE OF 18 April 2019

Turmeric trading range for the day is 6184-6528.

* Turmeric settled down on the back of fresh season arrivals and good production prospects.

* Pressure also seen as some good quality produce is also arriving for sale in Erode market.

* Worries over El Nino conditions have eased and there are indications of another year of robust monsoon rain.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH NCDEX Rmseed UPDATE OF 18 April 2019

Rmseed trading range for the day is 3736-3810.

* Rmseed dropped due to slowing of meal exports coupled with reports of higher production prospects in 2018/19 season.

* NAFED bought 139,224 ton mustard seeds from farmers in the markets of Rajasthan, Haryana and Madhya Pradesh.

* Agriculture ministry projected India's 2018-19 mustard crop at 8.4 million ton versus 8.3 million ton the country harvested last year.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH NCDEX Crude palm oil UPDATE OF 18 April 2019

CPO trading range for the day is 539.2-544.6.

* CPO gained on short covering after prices dropped amid weakness in spot demand and overseas prices weighed down by expectations of rising production.

* Official data from the Malaysian Palm Oil Board (MPOB) showed March end-stocks and production at higher levels than expected.

* Malaysia's palm oil stockpiles at the end of March fell 4.6 percent from the previous month to 2.92 million tonnes.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 18 April 2019

Ref.Soya oil trading range for the day is 714-726.

* Ref.Soya oil dropped due to higher stocks at port, expectation of higher imports due to low tariff value.

* Earlier pressure also seen due to bumper production outlook of soybean for India and subdued domestic buying.

* According to report, soy oil import jumped by 64.7% to 2.20 lt in February compared to 1.34 lt last year same month.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH NCDEX Soyabean UPDATE OF 18 April 2019

Soyabean trading range for the day is 3694-3800.

* Soyabean dropped on concern over higher availability of oilseed in the country and slowing soybean meal exports.

* India is likely to see average monsoon rains this year, the state-run weather office said, which should support agricultural production.

* Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes as compared to 113.90 lakh tonnes produced during 2017-18.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Menthaoil UPDATE OF 18 April 2019

Menthaoil trading range for the day is 1478.1-1512.9.

* Mentha oil spot at Sambhal closed at 1599.10 per 1kg. Spot prices was down by Rs.-4.10/-.

* Menthaoil settled up amid improved demand from consuming industries at the domestic spot market.

* Further, lower arrivals from major producing belts of Chandausi in Uttar Pradesh also supporting prices.

* However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Aluminium UPDATE OF 18 April 2019

Aluminium trading range for the day is 147.6-149.2.

* Aluminium prices gained amid signs of a slower decline in alumina prices and expectations on higher consumption.

* China's exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy.

* China's central bank said that it would strengthen coordination between monetary, fiscal and other policies to keep growth stable and forestall risks.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Nickel UPDATE OF 18 April 2019

Nickel trading range for the day is 878.7-917.5.

* Nickel prices remained supported after recent signs the global economy is likely to avoid a sharper downturn.

* China’s fiscal spending increased 15 percent during January-March from year ago levels to support economic growth.

* Vale Indonesia Q1 2019 nickel matte output down 24 pct, revises target

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Zinc UPDATE OF 18 April 2019

Zinc trading range for the day is 224-228.6.

* Zinc gained as support seen after a raft of Chinese data signalled Beijing’s recent stimulus drive might be paying off.

* On-warrant zinc stocks in warehouses tracked by ShFE also marked a 7-percent daily increase to 51,976 tonnes.

* As the monthly delivery of cargoes under LME contracts approaches, the backwardation structure on LME zinc rapidly widened, resulting in higher social inventories.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Copper UPDATE OF 18 April 2019

Copper trading range for the day is 449.6-461.8.

* Copper prices rose after data from China showed higher unwrought copper imports in March, while declining inventory and concerns over supply deficit also lent support.

* China imported 391,000 tonnes of unwrought copper last month, up 25.7 percent from the previous month and 26.5 percent higher than a year earlier.

* Copper stocks in LME-approved warehouses were down 2,000 tonnes on April 11 compared with the previous day.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Naturalgas UPDATE OF 18 April 2019

Naturalgas trading range for the day is 172.3-181.3.

* Natural gas dropped on forecasts for the weather to warm and heating demand to decline over the next two weeks, allowing utilities to shrink the massive storage deficit.

* The market has become much less volatile over the past couple of months, as was the case this time last year when the weather moderated for spring.

* Projected demand in the Lower 48 U.S. states would slide to an average of 77.5 bcfd next week from a forecast 81.4 bcfd.
Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Crudeoil UPDATE OF 18 April 2019

Crudeoil trading range for the day is 4400-4494.

* Crude oil gained propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signalled firm demand.

* Russia raised concern the OPEC-led supply-cutting pact may not be renewed. Russia and the producer group may decide to boost output to fight for market share.

* OPEC and other producers including Russia, an alliance known as OPEC+, have been cutting output since Jan. 1.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Silver UPDATE OF 18 April 2019

Silver trading range for the day is 36905-37621.

* Silver prices ended with losses amid more positive developments in the Sino-U.S. trade talks.

* Fed Chair Jerome Powell says that interest rates are in the right place

* Fed member Kashkari says that there is still slack in labor market and inflation is below target. Sees no need to tap the brakes


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Gold UPDATE OF 18 April 2019

Gold trading range for the day is 31332-31722.

* Gold slipped as economic data from China tempered concerns about global growth, boosting risk appetite.

* Fed's Rosengren adds that the economy is doing well, but inflation remains short of the 2% goal

* Better economic conditions motivate investors to pivot towards equities that are interest-bearing assets and shun the non-yielding bullion.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Naturalgas UPDATE OF 16 April 2019

Naturalgas trading range for the day is 178.6-185.6.

Natural gas fell on forecasts for warmer weather and lower than previously expected heating demand next week.

Utilities likely added a much bigger than normal 80 billion cubic feet (bcf) of gas to inventories during the week ended April 12.

The market has become much less volatile over the past couple of months just like last year as the weather moderates for the spring

With the weather expected to warm, data projected demand in the Lower 48 U.S. states would only reach an average of 77.7 bcfd


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Crudeoil UPDATE OF 16 April 2019

Crudeoil trading range for the day is 4355-4447.

Crude oil prices ended with losses on signals that Russia may exit production cuts.

Losses were limited by a tightening of global supplies, as output has fallen in Iran and Venezuela amid signs the United States will further toughen sanctions.

OPEC's de facto leader, Saudi Arabia, is considered keen to keep cutting, but sources within the group said it could raise output from July if disruptions continue elsewhere.

Russian Finance Minister Anton Siluanov said that Russia and OPEC may decide to boost production to fight for market share with the US.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Aluminium UPDATE OF 16 April 2019

Aluminium trading range for the day is 146.2-149.4.

Aluminium prices gained as stronger-than-expected financing data from China bolstered the sentiments.

China’s trade surplus soared past expectations in March as greater exports offset weaker imports.

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.636 million mt.

Warehouse stock for Aluminium at LME was at 1074450mt that is down by -7525mt.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Nickel UPDATE OF 16 April 2019

Nickel trading range for the day is 886.1-910.7.

Nickel prices traded in range as the US dollar weakened and upbeat Chinese economic data.

Global nickel demand is estimated at 2.4 million tonnes this year, the International Nickel Study Group said.

Inventories of refined nickel in the Shanghai bonded areas declined 3,000 mt, or 10.8%, from a week ago and stood at 24,900 mt

Warehouse stock for Nickel at LME was at 177708mt that is down by -1158mt.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

EPIC RESEARCH MCX Zinc UPDATE OF 16 April 2019

Zinc trading range for the day is 226.5-231.9.

Zinc dropped on profit booking after prices gained amid greater-than-expected financing data from China improved market sentiment.

Stocks of refined zinc across Shanghai-bonded warehouses rebounded this week, and stood at 90,700 mt as of Friday April 12, up 3,500 mt.

Deficits have driven LME stocks to record lows and pushed zinc, used to galvanize steel, to a nine-month high of $2,958 on April 1.

Warehouse stock for Zinc at LME was at 56125mt that is up by 3925mt.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316