Indian Stock MCX Market Trading Tips – Cardamom futures Or Chana futures

Cardamom futures surge on dip in arrivals

Cardamom futures surged on MCX due to supply shortage amid negligible stocks because of lower crop major production areas in Kerala. Besides, firm domestic and export demand also buoyed the bullish trend.

The contract for June delivery was trading at Rs 2466.00 up by 2.96% or Rs 71.00 from its previous closing of Rs 2395.00. The open interest of the contract stood at 59 lots on MCX.

The contract for July delivery was trading at Rs 2860.00 up by 2.47% or Rs 69.00 from its previous closing of Rs 2791.00. The open interest of the contract stood at 7 lots on MCX.

Chana futures trade lower as demand dips

Chana futures traded lower on NCDEX, amid hefty selling by speculators at available gains tracking dip in spot domestic demands as against adequate stock positions in the warehouses.

The contract for June delivery was trading at Rs 4421.00, down by 0.54% or Rs 24.00 from its previous closing of Rs 4445.00. The open interest of the contract stood at 2630 lots.

The contract for July delivery was trading at Rs 4419.00 down by 0.14% or Rs 6.00 from its previous closing of Rs 4425.00. The open interest of the contract stood at 149630 lots.on NCDEX.

! This week’s best Offer in Stock Cash clicks here or see Indian Stock Market Tips, Live Call, our Demo call benefits, services. – Stock Cash Trading Tips

Please follow and like us:
20