Monday 4 July 2011

Trading Ideas for free commodity tips

Commodities market is a fast growing market that makes available opportunities for trading of raw items or products. If one look at these markets from close quarters these are based over the basic instincts of the people. The very first time commodity trading started was in 19th century. At that time, trading was done in commodities like wheat, corns, sheep, pigs, and many other cattle. Traders of that era used small clay coins to trade. That was the time when there was no need of Commodity Tips. All these things sound very funny, but yes, we are trading for that long.

Trading Ideas for free commodity tips :
Menthaoil trading range is 867.5-885.
Menthaoil spot is at 971/-.Spot market is flat.
Menthaoil gained driven by pick-up in spot demand from pharmaceutical units
Menthaoil looks to take support at 872.20 and resistance at 881.
On June 27th, total stock of mentha oil at MCX warehouses at Chandausi was 71,995 kg .

However, those who have the base and enough patience to keep trading for long can expect to get some gain. There are numerous brokers who facilitate trading in commodity exchanges and provide MCX Tips when needed. They provide all kinds of infrastructural support, but the basic ingredient of successful trading is patience and ability to stick to the basics of commodity trading. So, be sure of your own resources before plunging into it.

No comments:

Post a Comment