Mustard seed pressurizing on higher levels | Selling in Jeera from highs

Fresh selling in mustard seed futures from the higher levels seen on Wednesday on lack of export demand and weakness in other oilseeds in mandies. Correction from higher levels is expected in Rmseed.

Jeera futures fall despite higher demand. Fresh arrivals pressurizing the prices down. Jeera prices closed down at 18080 as new crop arrival season came. But thin supply can support jeera from lower levels to an extent.

Future & Option Weekly Wrap for Investment Ideas by Moneymaker Financial

Weekly Wrap: - The market edged lower in what was a volatile trading week. Benchmark indices witnessed intraday volatility as traders rolled over positions in the futures & options (F&O) segment from the near month May 2015 series to June 2015 series. The May 2015 F&O contracts expired on Thursday, 28 May 2015. The Sensex fell 129.06 points or 0.46% to settle at 27,828.44. The Nifty fell 25.30 points or 0.30% to settle at 8,433.65. The Reserve Bank of India's monetary policy review and macro-economic data will dictate near term trend on the bourses.

On The F&O Front : - Weekly data shows in the past trading sessions, we have seen strong Put writing in 8400/8300/8200 strikes & major Call writing in 8600/8500/8400 strikes indicating a range bound for market, in the near term.

 

Stock Weekly Overview by Moneymaker Redearch PVT. LTD

The last batch of quarterly earnings of India Inc., trend in global markets, investment by foreign portfolio investors (FPIs), the movement of rupee against the dollar, crude oil price movement and the progress of monsoon will dictate trend on the bourses in the coming week. Indian stocks may remain volatile as traders roll over positions in the futures & options segment from the near month May 2015 series to June 2015 series. 

The near month May 2015 F&O contracts expire on Thursday, 28 May 2015. Finance ministers and central bankers from the Group of Seven countries begin a three-day meeting to discuss global finance, regulation, growth and trade on Wednesday, 27 May 2015.

 

Future Investment Tips:

 

@ SELL VOLTAS FUTURE BELOW 314 TARGETS 311 , 308 SL 316.

@ BUY DABUR FUTURE ABOVE 267 TARGETS 270 , 273 SL 265