Monday 21 September 2015

AGRI COMMODITY MARKET TIPS & REPORT - 22 SEP 2015

McX tips Services , agri commdity tips, mentha oil live rate , Chana Tips, SoyaBean  Tips, Dhaniya Tips, Turmeric Tips

Turmeric October futures traded on a Surged up on Monday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spice increased by 1.66% to 7950 level at NCDEX. As per Telengana Agricultural Department, till 29th July, around 36K ha area has been sown under turmeric vs 37K ha same time last year. Total 50,000 ha area is covered. Moreover, in AP, around 6100 ha area has been seeded till date vs 6K ha last year. During 2014-15, India exported around 86K tons which is higher by 8500 tons than last year. In 2013-14, around 77500 tons was exported. Masala Board has fixed a target for export of 80K tons for 201415.
TURMERIC (OCTOBER) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8150, 
RESISTANCE 1: 8050, 
SUPPORT 1: 7635, 
SUPPORT 2: 7720. 
STRATEGY: SELL ON RISE

The NCDEX Soya bean October futures Surged up by 0.25% in the last trading to close at 3225 level till Monday closing. SOYABEAN : - Timely planting and sufficient rains through most of July in the major grain producing states is likely to support MY 2015/16 Kharif grain production prospects. However, sufficient rains throughout August and September will be critical for achieving forecast normal yields. The inputs provided by the USDA report on August 12 were negative and had pressured price levels of US soy complex on the same day.
SOYABEAN (OCTOBER) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2:3260, 
RESISTANCE 1: 3240, 
SUPPORT 1: 3200, 
SUPPORT 2: 3175. 
STRATEGY: BUY ON DIPS

Chana futures traded on a positive note increased demand on Monday (5.00PM). Chana May l contract gained 0.24% to 4571 levels. CHANA: - Sowing of pulses in Maharashtra has been done in 66% area of fixed target of 24.50 lakh ha, which is up from last year’s sowing area. Around 9.3 lakh ha area has been sown under Tur vs 9 lakh ha last year. Meanwhile, Moong has been sown in 3.33 lakh ha and urad in 2.42 lakh ha while its sowing target has been fixed 5.60 lakh ha and 5.10 lakh ha respectively. Sowing of both commodities are ahead from its scheduled.
CHANA (OCTOBER) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2: 4635, 
RESISTANCE 1:4600, 
SUPPORT 1: 4520, 
SUPPORT 2: 4470. 
STRATEGY: BUY ON DIPS

The NCDEX Dhaniya October futures Surged by 3.17% in the last trading to close at 11255 level on Monday. Special Margin of 10% (in cash) on the Long side will be imposed on all running contracts and yet to be launched contracts in Coriander (DHANIYA) with effect from beginning of day Wednesday, June 03, 2015.
DHANIYA (OCTOBER) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH
RESISTANCE 2: 11515, 
RESISTANCE 1: 11385, 
SUPPORT 1: 10995, 
SUPPORT 2: 10735. 
STRATEGY: SELL ON RISE


Get real time advice for Agri Commodity Tips , free agri tips ,  Agri commodity calls , MCX Tips Services and all market updates. 
For 2 Days Free Trial , please  visit our site http://capitalstars.com/equity/
Call at 0731-6790000, 6669900.

2 comments:

  1. Grab the best Commodity Tips to boost your capital.In this blog, I got lots of useful information about all the Agri and Commodity market.

    ReplyDelete
  2. you provide the information that we do not expect and same thing happens after you predict ....

    Stock tips

    ReplyDelete