● MCX offers a wide range of opportunities by offering the contracts of derivatives for
several months and options that help in providing the diversification and liquidity that
is much needed.
MCX trading tips
Here you go with some of the best MCX trading tips that will help you in investing your
money in the right direction and earn greater profits.
● Be patient: Don't get super excited or get overconfident while investing in MCX this
might take you towards the loss. So for avoiding unwanted risk it is important to be
patient and do proper analysis before making the investment.
● Ask for help: If you are unable to understand the market then ask for help. It is
better to ask for help than investing in the wrong place. This will help in earning
greater profits and avoiding losses.
● Invest in multiple commodities: Don't invest all your money in one place at one
time it might result in a bigger loss. To avoid these kinds of risks, invest in different
commodities so that you get profit from different commodities.
● Learn the difference between the stock market and commodity market: It is very
important to have a better understanding between the stock market and the
commodity market. These two markets have little difference because of which people
easily get confused between them both.
● Don't believe in rumors: Don't listen to others, take the help of a professional and
experienced person so that you can get more accurate advice using which you can
invest your money smartly.
● Get an understanding of the risk involved: It is an important part of doing the
investment. You should understand the amount of risk involved while investing in a
particular share so that you can take the protective measures at the right time.
About NCDEX chana
NCDEX stands for National Commodity & Derivatives Exchange Limited (NCDEX). This is a
National level technology-driven online commodity exchange. This has its own independent
board of professionals and directors that is used to manage the market. This board is
committed to providing a world-class commodity exchange platform for the participants of
the market. So that they can trade in the wide spectrum of commodity derivatives that are
driven by global practices. transparency and professionalism.
Chana or chickpea is one of the most important pulse crops. It contains 60% carbohydrates
and 25% of protein which is the maximum amount of protein that is provided by any other
pulse. This commodity comes in third place in the list of the food legumes that used to be
cultivated throughout the world.
New guidelines issued by SEBI for chana trading
SEBI has recently issued some of the directions to NCDEX for trading in chana contracts are
as follows:
● No new chana will be launched till the new order comes.