MCX Cardamom Live Price Today


Here is the latest mcx cardamom live price analysis and charts.

MCX Cardamom Live Price as on 22/09/21

Last Price

Open

High

Low

P.Close

Volume

1470.10

1470.10

1470.10

1470.10

1470.10

0.00

On the MCX, cardamom futures price change is about 0.00% to previous day close 1470.10. The total volume of shares traded is 0.00.

Over the last one week cardamom price change is about {EMPTY}%. Over the last 30 days, the price change is about {EMPTY}%.

MCX Cardamom Live Price Chart


MCX Cardamom Trading System 1 :

MCX Cardamom Live Price Chart

How to Trade the MCX Cardamom Intraday Signals Live Price Chart

BUY Trade Entry

Green up arrow & candle stick must trade above the yellow trend line.

BUY Trade Exit

Trail Stop-loss as per green dotted lines or stop loss price given in text box or when a candle stick crosses below the yellow trend Line

SELL Trade Entry

Red Down arrow & candle stick must trade below the yellow trend line.

SELL Trade Exit

Trail Stop-loss as per red dotted lines or stop loss price given in text box or when a candle stick crosses above the yellow trend Line

We also expect the commodity cardamom futures to react on the above support and resistance levels for today.

*The below MCX Cardamom Live Price Charts are updated every 10 mins with auto refresh.

MCX Cardamom Trading System 2 :


MCX Cardamom

How to Trade the MCX Cardamom Multiple Super Trend Chart

BUY Trade Entry

When both super trend indicators are in uptrend. In other words two green stop loss lines below the candlestick.

BUY Trade Exit

When either of the super trend goes in downtrend.

SELL Trade Entry

When both super trend indicators are in downtrend. In other words two red stop loss lines above the candlestick

SELL Trade Exit

When either of the super trend goes in uptrend.

We have further improved the famous super trend strategy by using two different super trend indicators for generating trade call signals. The strategy increase profits by almost 70% by using two super trend indicators and also helps in exiting fast from the market when the trend is not intact.

MCX Cardamom Price Technical Analysis


Quant's Today Trend score for MCX Cardamom is {EMPTY}

* A trend score of greater than 5 signals that the commodity is bullish for the day while trend score of less than 2 signals bearish trend*

Indicator

Value

Signal

RSI

RSI is {EMPTY}

N/A

MACD

MACD : {EMPTY}

Signal Line : {EMPTY}

N/A

Stochastic

%D is {EMPTY}

%K is {EMPTY}

N/A

MFI

{EMPTY}

N/A

Aroon

0

N/A

Bollinger Band

BBTop is {EMPTY}

BBBot is {EMPTY}

N/A

Simple Moving Average Short Term

SMA(15) is {EMPTY}

N/A

Simple Moving Average Mid Term

SMA(45) {EMPTY}

N/A

Simple Moving Average Long Term

SMA(100) {EMPTY}

N/A

MCX Cardamom Interactive Real Time 5 Mins Intraday Chart


MCX Cardamom Overview


India is an agricultural economy, though it has reduced its dependency on farm produce and trade. Many Indian spices and other Agri products are traded well on MCX.

Cardamom has been widely used since ancient times and is known for its aroma and flavor. It is not only used in dessert and tea preparation but has some medicinal benefits as well as treating gum disorders and toothache, treating indigestion, etc.

Its aroma and several uses have made this spice popular. Small cardamom is commercially grown in plantations in high altitudes in the evergreen forests of the Western Ghats.

Guatemala is the leading world producer and also the largest exporter of the cardamom. India is the second-largest world producer of cardamom, and it is also a significant consumer of it in the world.

Factors affecting the price of cardamom

The price of cardamom keeps fluctuating and is affected by several factors. The various factors that influence the price of this spice are:

  • Quality of the crop like its freshness, color, and size
  •  Annual production of the crop in India
  • Annual production of the crop in the world
  • Seasonal Fluctuation in demand.
  • Time of the arrival of a new crop
  •  Year ending stock of the crop

All these factors contribute to the price fluctuation of this spice.

The traders trading in Agri commodities on MCX should have a good understanding of Monsoons and harvest cycles of the crops.

India has mainly two monsoon seasons:

  • The South-West Monsoons
  • The North-Eastern Monsoons

The SW monsoon commences from June/July and ends in September/October. The crops sown in this season are called Kharif Crops. The NE Monsoon commences from December and ends in March. The crops sown in this season are Rabi crops. Cardamom is a Kharif crop.

It is essential to know the rainfall pattern and what crop is the Agri commodity is to know when the new crop will come in the market.

Another factor to be considered while trading Agri commodity is liquidity. Cardamom is viewed as a liquid commodity. It does not have two variants on MCX, unlike many other products, so traders will not find Cardamom Mini on the MCX platform.

Agri commodities are considered as volatile, and they tend to hit the circuit limits frequently. Due to this reason, there is no MIS margin available for any Agri commodity. Even for intraday trades, traders have to trade NRML.

Contract Specifications of Cardamom


Symbol

CARDAMOM

Description

CARDAMOMMMYY

Contract Listing

Contracts are available as per the Contract Launch Calendar

Contract Start Day

16th day of the contract launch month

Last Trading Day

15th day of the contract expiry month

Price Quote

Per kilogram

Lot size

100 kgs (1 quintal)

Tick Size

0.10 Per Kg

Profit/Loss made for every ₹ 1 change

Rs. 100/-

Trading Period

Monday to Friday

Trading Timings

10.00 am to 5.00 pm

Commodity Group

Agri Commodities

Instrument Type

COMMODITY FUTURES

Initial Margin

Minimum 4% or based on SPAN whichever is higher.

Contract Launch Calendar


Contract Launch Months

Contract Expiry Months

August

January

September

February

October

March

November

April

December

May

January

June

February

July

March

August

April

September

May

October

June

November

July

December

* Contract Launch Calendar Source MCXINDIA https://www.mcxindia.com/home

MCX Cardamom Price History


Date

Price

Open

High

Low

Volume

11/11/20

1465

1465

1465

1465

1

21/10/20

1450

1451

1451

1450

1

19/10/20

1480

1480

1480

1480

1

28/09/20

1552

1552

1552

1552

1

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Get MCX Live Price of the major commodities listed on the multi-commodity change of India. Technical Live Price analysis & price charts of the commodity MCX Cardamom is researched every day and updated daily.

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