Sunday 21 December 2014

LATTEST CS AGRI NEWS UPDATE NCDEX JEERA-22 DEC 2014

 ncdex jeera, Agri Commodity Tips, free agri calls, Free Agri Tips, Future Trading Tips

Jeera to continue bullish streak on strong demand
  • Jeera January futures traded on a positive note on Monday on back of strong export demand from overseas markets.
  • Jeera January contract rose 2.09 per cent to 13920 on Monday at India's National Commodity& Derivative Exchange(NCDEX).
  • Jeera January contract is likely to trade bullish for short term and sideways for intra day. Short term support seen at 13300 and resistance at 14650. Intra day support is seen at 13500 and resistance at 13750.
Jeera market under long liquidation, open interest drops 2.17%
  • Technically market is under long liquidation as market has witnessed drop in open interest by -2.17% to settled at 7857 while prices down -20 rupee.
  • Now Jeera is getting support at 13487 and below same could see a test of 13368 level, and resistance is now likely to be seen at 13747, a move above could see prices testing 13888.

0 comments:

Post a Comment