How to get profit in MCX and NCDEX market?
As we know that commodities are the raw or primary product that could be satisfied the need like Soybean, gold silver and base metals. As every person want to generate a secondary sources of income. In india Commodity Market is a market where different commodities are traded on its derivative contract. Derivative are the contract whose value is derived from the underlying asset or the contract where delivery of security or commodity held on specific future date.
Like a stock market NSE provide a platform to trade in different shares, for commodities MCX and NCDEX are the Exchange in which trading on commodity derivative contract held.
MCX (Multi Commodity Exchange ) mainly known for the trading of
Bullions metals i.e. Gold, Silver and also platinum
Base Metals (Zinc, Aluminium Lead, Nickel, Coper, )
Energy(Crude Oil and Natural Gas)
And NCDEX(National commodity derivative Exchange) manily known for trading in Derivative contract of agricultural Produced like Refsoyaoil, Rmseed,Guarseed, Chana, Dhaniya .
As all this commodities are traded on its future contract that has a specific expiry date of that contract and each individual can buy or sell a specific quantity of a individual commodity.
Differernt Commodities has different lot size Like
Gold -100, Silver-30, Zinc Aluminium and Lead has lot size of 5000 and Coper-1000 , Nickel-250, Crude Oil- 100 and Natural Gas has lot size of 1250.
To purchase a single lot of a commodity, you doesn’t have to pay full amount you just have pay a margin amount that is decided by the Exchange.
Like if you want to buy 1lot of Zinc September Contract and its CMP is 153.20 than
153.20*5000= 766000 * 4–8% would be the investment.
For a beginner a proper knowledge about the market is most important as Bullions, Base Metals and Energy are the international commodities
Thus there are so many factors Like Import and Export, Demand of a Commodity in International Market, Value of Currency and off course the technical analysis play a vital role for investment according to his or her risk. for begginer it is better to work with proper guidance.
Signature – Sadhna Tiwari [E-MARKETING EXECUTIVE] | Ways2Capital Provides MCX tips, intraday stock tips, NCDEX tips, forex tips, commodity tips . We also provide full support during market hours. | TO GET MORE DETAILS- VISIT US ON http://www.ways2capital.com | CONTACT US ON 0731-6554125