Turmeric May futures traded on a surged up on Friday(5.00pm)at India's National Commodity& Derivatives Exchange(NCDEX). Turmeric spice increased by 1.48 % to 8370 level at NCDEX.Turmeric prices ended with gains on seasonal demand from north India and crop damage reports from south India.
CS Turmeric Tips (MAY) OVERVIEW:
TREND MIXED TO BULLISH
RESIST 2:8630
RESIST 1:8500
SUP1:8230
SUP2:8090
STRATEGY: BUY ON DIPS
The NCDEX Soyabean May futures sluggished by -0.36% in the last trading to close at 3560 level till Friday closing. Moderate firmness in International markets helped prices recover for Soybean in Indian markets also as domestic demand starts rising in the mandis. Prospects of demand rising in the coming weeks for the summer season kept supporting the prices. Record global production hadbeen keeping pressure on prices.
CS SoyaBean Tips (JUNE) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:3600
RESIST 1:3580
SUP1:3535
SUP2:3510
STRATEGY: SELL ON RISE
Chana futures traded on a positive note on incresed demand on Friday(5.00PM). Chana May lcontract lossed -0.03% to 3862 levels. Production of Gram in the country has been generally increasing and its production has gone upfrom 7.48 million tonnes in 2009-10 to 9.53 million tonnes in 2013-14. In order to further increase production of pulses including Gram in the 12th Plan Period, the Government is implementing National Food Security Mission (NFSM)-Pulses in 622 districts of 27 States.
CS Chana Tips (MAY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:3940
RESIST 1:3900
SUP1:3830
SUP2:3800
STRATEGY: SELL ON RISE
The NCDEX Dhaniya MAY futures Surged up by-3.26% in the last trading to close at 9351 level on Friday. Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandies due possibility of crop damage to coriander crop in Rajasthan. However, fresh supplies of around 15-20 thousand bagshave been reported in local mandies .
CS Dhaniya Tips (MAY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2: 9760
RESIST 1: 9580
SUP1:9290
SUP2:9170
STRATEGY: SELL ON RISE
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also aveliable on Twitter ,linkedin and facebook .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.
CS Turmeric Tips (MAY) OVERVIEW:
TREND MIXED TO BULLISH
RESIST 2:8630
RESIST 1:8500
SUP1:8230
SUP2:8090
STRATEGY: BUY ON DIPS
The NCDEX Soyabean May futures sluggished by -0.36% in the last trading to close at 3560 level till Friday closing. Moderate firmness in International markets helped prices recover for Soybean in Indian markets also as domestic demand starts rising in the mandis. Prospects of demand rising in the coming weeks for the summer season kept supporting the prices. Record global production hadbeen keeping pressure on prices.
CS SoyaBean Tips (JUNE) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:3600
RESIST 1:3580
SUP1:3535
SUP2:3510
STRATEGY: SELL ON RISE
Chana futures traded on a positive note on incresed demand on Friday(5.00PM). Chana May lcontract lossed -0.03% to 3862 levels. Production of Gram in the country has been generally increasing and its production has gone upfrom 7.48 million tonnes in 2009-10 to 9.53 million tonnes in 2013-14. In order to further increase production of pulses including Gram in the 12th Plan Period, the Government is implementing National Food Security Mission (NFSM)-Pulses in 622 districts of 27 States.
CS Chana Tips (MAY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2:3940
RESIST 1:3900
SUP1:3830
SUP2:3800
STRATEGY: SELL ON RISE
The NCDEX Dhaniya MAY futures Surged up by-3.26% in the last trading to close at 9351 level on Friday. Bargain buying was seen in coriander prices as prices increased by almost Rs 100 per quintal at Kota and other mandies due possibility of crop damage to coriander crop in Rajasthan. However, fresh supplies of around 15-20 thousand bagshave been reported in local mandies .
CS Dhaniya Tips (MAY) OVERVIEW:
TREND MIXED TO BEARISH
RESIST 2: 9760
RESIST 1: 9580
SUP1:9290
SUP2:9170
STRATEGY: SELL ON RISE
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also aveliable on Twitter ,linkedin and facebook .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.
ReplyDeleteWWR JEERA 18-MAR
SUPP 1 : 14190
SUPP 2 : 14020
RES 1 : 14400
RES 2 : 14600
AGRI COMMODITY TIPS
Thank you very much for your kind words.
ReplyDeleteMcx - 15XX