Thursday 12 February 2015

CARDAMOM DECLINES BY 0.8% ON SUBDUED DEMAND

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MCX CARDAMOM price fell by 0.84% to Rs 1,105 per kg in futures trade today as participant offloaded positions amid negative cues from spot market on sluggish demand.
Cardamom February contract traded marginally up by 0.15 per cent to Rs1116.10 levels on Thursday.
Similarly, the spice for delivery in March traded lower by Rs 4, or 0.35%, to Rs 1,127.10 per kg in 171 lots.
Cardamom February contract is sideways for both short term and intra day. Support for short term is seen at 1090 and resistance 1180. Intra day support is seen at 1130 resistance at 1138.

1 comments:

  1. It was ok call neither profitable nor loss making but still some profit can be made........
    Stock future tips

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