NCDEX Jeera settled down by -1.16% at 14430 due to due to poor output. Recent rains in Gujarat major growing regions may affect the Jeera (Cumin Seed) standing crop. Due to unseasonal recent rains in Gujarat likely to damage Jeera quality (color damage) and production may fall by 5% current year.trading range for the day is 14075-15165.
In Unjha, a key spot market in Gujarat, jeera remains unchanged at0 rupees to end at 15230 rupee per 100 kg. Technically market is under long liquidation as market has witnessed drop in open interest by -5.61% to settled at 13824 while prices down -170 rupee, now Jeera is getting support at 14280 and below same could see a test of 14130 level, and resistance is now likely to be seen at 14580, a move above could see prices testing 14730.
Get real time advice for Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900 .
0 comments:
Post a Comment