Get started

Search in ideas for "COMMODITY"

Now Live : MCX Commodity Trading from TradingView.com with Dhan Dear TradingView community, We love building for our users, investors & traders. One of the asks from early users of Dhan was about charting - we took that as a challenge and have continuously improved and built for our super traders. Starting first with launching a dedicated Trade from Charts console with TradingView ( tv.dhan.co ) and then going further and introducing TradingView Connect with Broker where you can place orders directly from TradingView.com just by choosing Dhan as a broker on the Trading Panel. With that enabled for the first time in India, we now have more than 1,00,000 using Dhan to place orders on TradingView.com. We enabled you to trade in Equities and Equity Futures via Dhan on TradingView. As always, our commitment to delivering incredible trading experience for India’s Super Traders remains unwavering. Now to take Dhan’s TradingView experience even further we are introducing Commodity Futures trading directly on TradingView.com. Best part? You can use all your favorite premium TradingView features to trade commodities with👇 Pine Editor Community Script Bar Replay Multiple indicators Multi Chart Layout If you haven’t connected your Dhan account to TradingView yet, this is how you can do it: Login to TradingView Choose Dhan on the TradingView Panel Place trade seamlessly With this introduction, we are committed to providing you with a comprehensive trading experience right at your fingertips. Note that, Commodity Futures trading is made available across all TradingView platforms, which includes Web and Apps of TradingView. Let us know your views on this and stay tuned for more updates. Note: Access to premium features depends on the type of your TradingView subscription. Happy Trading! Naman
MCX:NATURALGAS1!
by Dhan
Brent oil buyers can ignore pullback from 18-day topWith hurricane Ida easing to category 3 storm and the market sentiment dwindles over geopolitical, as well as covid, woes, Brent oil prices step back from multi-day high towards $72.00 during early Monday. The commodity’s Asian session run-up couldn’t cross the 61.8% Fibonacci retracement of July–August downside. However, a convergence of 200-SMA and 50% Fibonacci retracement level near $71.80 restricts the quote’s short-term downside. Hence, oil buyers may remain hopeful unless breaking $71.80, after which the losses could mount as the sellers march towards 23.6% Fibonacci retracement level, also comprising lows marked since July 20, around $68.20. It’s worth noting that the fresh buying will aim for a clear upside break of 61.8% Fibonacci retracement level of $73.35. Following that, a downward sloping trend line from early July, near $74.40, will be important to watch for Brent oil buyers. In a case where the commodity bulls manage to cross the $74.40 hurdle, late July top near $76.60 may offer an intermediate halt during the rally towards the last month’s high near $78.45.
TVC:UKOILLong
by MTradingGlobal
MCX (Multi Commodity Exchange) Rounding BottomMCX (Multi Commodity Exchange) is an exchange where commodities like precious metals Gold, Silver as well as Aluminium, Copper, Nickel and Crude Oil, Natural Gas Futures and options are traded extensively. It is a safe stock to invest. Since, commodity trading is gaining popularity, it is beneficial for MCX as a mediator. Technically, MCX has formed Rounding bootom and given breakout above neckline (1515-20) and it retested these levels after some candles and it is currently trading as the neckline support, any dip towards 1480-1450 is good buy (Divide buy quantity in two parts!) with SL 1400 closing basis. Targets could be 1600, 1700 1800++ (Disclaimer: Do your own analysis, not responsible for profit or loss, I am not SEBI registered)
NSE:MCXLong
by KakasoGhodake
A Commodity Chemicals stock to watch for upcoming sessions..Hi Traders !!!! A commodity Chemicals stocks will be on my watchlist for upside potential of around 21%. The CMP is around 274.55. The current chart pattern is making an inverted head and shoulder pattern and price is just around the neckline. A price movement above 278 and sustaining it in hourly candle will confirm the upside protentional. The multiple EMA is merging at this level which also indicates that price trend is towards upside. The RSI is 61.9 which also suggests that bullish momentum is there and not in the overbought condition and has enough room to move upwards. Buy above 278 for the target of 337. The stop loss will be 250. The Stock name is PCBL
NSE:PCBLLong
by SauravAnand
Natural Gas - Commodity to Buy and hold 1. Natural Gas is trading between two sky blue horizontal lines with corresponding sky blue trend lines of the Gann angles. 2. It is the best time to buy and hold if low of November 1 is not broken. Moreover high of 29th October 2023, is the major resistance. Dates of 4th November and time of 12:47 p.m. candle is important. 3. I have not plotted any indicator on the chart knowingly so that it gives you clear vision. 4. The commodity moves up slowly in upwards direction, but for sure, if you buy and trade swings, it will give you a lot of money. In the long run once Level of 3 is broken, expect a level of 5 very soon. Money will double within next 3 to 4 months. 5. For the next week, if low of 1st November is not broken, we are sure to see some good upward swing levels. 6. Sometimes it becomes difficult to post all the points which are important, so very soon will start posting video ideas/ live streaming. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
CAPITALCOM:NATURALGAS
by rekhi567
3
Unlocking Opportunity: Soybean Oil's Reversal Sparks InterestSoybean Oil Futures Analysis: Current Price: $52.71 Soybean oil has consistently been an appealing asset, having traded near the year's high just six months ago. Recently, the commodity experienced a notable downtrend, dropping from $64.80 to $48.01. However, a modest upward movement is now observable. Upon closer examination, we identify a change in character within the market dynamics. We are strategically considering a buy position for the oil script, setting a risky stop loss at $50, and a broader stop loss at $48. Despite existing chart resistance, our expectation is for the price to reach $60.80 and beyond. It's important to note potential resistance points, as indicated on the chart. Additionally, should the price manage to breach and sustain $64.80, a significant and sustained rally could unfold over an extended period. Please be aware that this analysis is for informational purposes only and does not recommend replicating the same trading strategy. Happy Investing!
CBOT:ZL1!Long
by iamrk7
Copper Set to Outperform Silver!Attached: COPPER/ SILVER Daily Chart as of 20th June 2023 The Ratio has given a Breakout from a Cup & Handle/ VCP Pattern today Within the Commodity space it appears that Base Metals are doing better than Precious Metals And so this Ratio can head higher to retest the 0.5 Fibo retracement level as the 1st Upside Target (marked on chart with arrow) Technical Indicators also confirm the BO: - RSI above 60 - MACD in Buy Mode and Above 0 line - DMI in Buy Mode and ADX starting to Turn up
MCX:COPPER1!Long
by T_Harth
analysis of leader in chemical commodity with great potential about company - Bhansali engineering polymers limited (bepl) has pioneered in manufacturing international quality acrylonitrile butadiene styrene (abs). the company is a value driven organization, aiming excellence in providing quality products and services, since its incorporation in 1984.BEPL is a company that takes pride in being the lowest cost producer of ABS in India with quality standards ‘at par’ with the Global Best. The Company has joined hands with Nippon A&L Inc. (NAL), Japan for expanding its business of Styrene's Resins and supports the sale of ABS Resins, AES Resins, ASA Resins and their alloys with other plastics in the Indian Market. product information- 1.ABS resin-ABS resin is one of the most widely-used engineering thermoplastics. It offers excellent surface appearance, strength & stiffness. ABS resin also has good toughness, low creep, excellent dimensional stability & chemical resistance. It is versatile and easy to process. Application-Interior Automotive Trim, Small Appliances, Phones, Refrigerator Door Liners, Other Consumer Electronics, etc. 2.ASA resin-      ASA resin is commonly used for outdoor and automotive applications due to its strong weather resistance, color fade resistance, UV resistance and mechanical properties. application- Exterior Siding, Automotive Side Mirror Housings, Signage, Marine Applications, Other Consumer Electronics. 3.      SAN copolymers are produced by the polymerization reaction of styrenes and acrylonitrile. Styrene Acrylonitrile resin is a copolymer plastic commonly used in place of Polystyrene due to its greater thermal resistance. application- Dishwasher-Safe Containers, Disposable Lighters, Brush Bristles, Auto Gauge Covers, Cosmetic Cases, Medical Syringes, Reflectors, Battery Cases Global market scenario- Acrylonitrile Butadiene Styrene Market was valued at USD 25.95 billion in 2020 and is anticipated to rise at a CAGR of over 6.3% from 2021 to 2027(around 46.88 billion). The increasing penetration of ABS in various applications has positively influenced the market growth.   India Styrene Acrylonitrile resin (SAN) market demand stood at 260.81 Thousand Tones in FY2021 and is forecast to reach 437.28 Thousand Tonnes by FY2030, growing at a healthy CAGR of 5.91% until FY2030. Based on the application, cosmetic industry is anticipated to drive the growth of styrene acrylonitrile market over the forecast period. This can be attributed to the growing product demand in the personal care and cosmetics segment. SAN copolymer is a synthetic polymer used as a film former in personal care and cosmetics products, given its opaque properties, and is seen in a host of formulas, including those for sunscreens and other lotions. Global Acrylonitrile Butadiene Styrene Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Factors such as increasing growth of automotive industry, adoption of ABS in automotive sector, various advantages of ABS in transportation, construction, electronics and other industries are some of the major factors driving the market growth. *Indian Automobile Industry-       Being a great substitute to metals, ABS has been extensively used in manufacturing automotive parts .India is also a prominent auto exporter and has strong export growth expectations for the near future. In addition, several initiatives by the Government of India and major automobile players in the Indian market is expected to make India one of the leaders in the two-wheeler and four-wheeler market in the world by 2022.  *Appliances and Consumer Electronics (ACE) market-       The Indian government has been encouraging to consumer durable brands in India to ‘Make in India’ thereby expecting they should be self-reliant for the future. The Government of India has allowed 100% Foreign Direct Investment (FDI) under the automatic route in Electronics Systems Design and Manufacturing sector.(ACE) market is expected to increase at 9% CAGR to reach ` 3.15 trillion  in 2022. Demand growth is likely to accelerate with rising disposable income and easy access to credit. Increasing electrification of rural areas and wide usability of online sales would also aid growth in demand. The government anticipates that the Indian electronics manufacturing sector will reach ~US$ 300 billion  by 2024-25. *Indian auto-components industry-       Auto-components industry accounts for 7.1% of India’s GDP. A stable government framework, increased purchasing power, large domestic market, and an ever-increasing development in infrastructure have made India a favorable destination for investment. The Indian auto-components industry is set to become the third largest in the world by 2025.exports of auto components grew by 76% to US$ 9.3 billion. As per the Automobile Component Manufacturers Association ACMA forecast, automobile component exports from India are expected to reach US$ 80 billion by 2026. The Indian auto components industry is expected to reach US$ 200 billion in revenue by 2026. *3-D PRINTING MARKET GROWTH – According to reports, the 3d printing India market is growing at 20% every year. It is expected that the 3d printing market will jump from $12.6 billion (in 2020) to $37.2 billion in 2026.  In 2022 and beyond, we will see more applications of metal 3d printing in the automotive, aerospace, and healthcare industries. It will open up several new opportunities to build prototypes, rapid tooling, functional parts manufacturing, and more. Several large-scale steel and aluminium manufacturing companies are collaborating with 3d printing companies to stay competitive in the global markets. Industries that will adopt 3-D printing culture – 1.automobile-The automotive industry in India is growing at a rapid pace. Several international companies are expanding their presence in the Indian market to sell more vehicles than ever before. With increasing demand, the need for 3d printed parts will also increase in 2022. 2.Healthcare-3d printing in healthcare is a new trend in India that will gather more momentum in 2022. Several applications of 3d printing technology have already been used in the medical industry to create custom-made implants, models, and other tools for surgical purposes. Several companies are working on this technology to reduce the cost of treatment by cutting down recovery times significantly. By using 3d printing, the total cost of several implants and other tools will become possible to cut down significantly. 3.Defense -The Defense industry is one of the essential industries in India that will adopt 3d printing on a larger scale in 2022. Not only does it help to develop new weapons faster, but it also cut down production costs significantly. Moreover, it will remove foreign companies’ dependency on machinery and help the country with a significant competitive advantage over its geopolitical rivals. 4.Education-3d printing India has already made its presence felt in the education sector. Several schools and universities are using 3d printers to teach students about additive manufacturing. They get access to several designs and learn about the process of production at an early stage in their careers. basic financial check - .zero debt company ,Company’s EPS is increasing, i.e. company is making money, ROE% - 35.66% .Debtors Turnover Ratio: During the FY under review, the Debtors Turnover Ratio was 5.80 as compared to 5.24 in the previous fiscal. .Inventory Turnover Ratio: During the FY under review, the Inventory Turnover Ratio was 7.06 as compared to 11.45 in FY 2020-21. .Operating Profit Margin (%): The Operating Profit Margin for FY 2021-22 stood at 33.87% as compared to 34.52% for FY 2020-21. .Net Profit Margin (%): The Net Profit Margin for FY 2021-22 stood at 25.07% as compared to 25.81% for FY 2020-21.Note- even though inventory ratio decreased by around 4% still company is maintaining its profit margins no dent in margins is a good sign . .gross sales are going up, PBT is increasing no dent in margins is a healthy signal. . overall review of financials their are some areas where company may suffer pain but their is no massive fundamental change in company. risk for company - After rebounding to an estimated 5.5% in 2021, global growth is expected to decelerate markedly in 2022 - to 4.1 %, reflecting continued COVID-19 flare-ups.• Due to inflation spike, commodity prices are going to go up. In that case, company’s expenditure on raw material cost will increase. products manufacturing is heavily dependent on raw material they import from other countries (Acrylonitrile, Butadiene, Styrene ) significant increase in global prices of this material would act as a key risk to profitability. TECHNICAL ANALYSIS - It will be value buy if anyone could accumulate this stock at level around 75 to 80 price range. at present value of stock interested buyer may accumulate first tranche. this study is for education purpose only. invest your hard earned money after consulting with your financial advisor.
NSE:BEPLLong
by ameyagawade9
Sail for long term investment in commodity supercycleIn a commodity supercycle you want to position yourself in a scrip which is better placed and has potential to give good returns. Looking at the companies fundamentals, it is improving it's asset quality. The debt to asset ratio has improved significantly in last year. I think by the end of this year it will have zero debt. It also has expansion plan, from 18MTA to 50MTA. That's huge. Fundamentals are supportive. Technical chart I have provided and is self sufficient to explain itself. 28 March is EX date, the price generally comes down significantly on the EX date week. Anyone not having this in there portfolio can look to add it when price corrects next week. Although, I am not sure if it will correct significantly. All those holding, cheers! Keep holding! Disclaimer: For educational purpose.
NSE:SAILLong
by UnknownUnicorn24887800