Showing posts with label Agri Commodity Tips. Show all posts
Showing posts with label Agri Commodity Tips. Show all posts

Saturday, 31 March 2018

Govt disposes of around 700,000 tonnes of pulses so far from a buffer stock

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Pulses

The Centre has disposed of around 7 lakh tonne of pulses so far from a buffer stock of 20.50 lakh tonne, according to a senior food ministry official.
The government, for the first time, in October 2015 decided to create a buffer stock of pulses through imports and later by domestic procurement to ensure better prices to farmers and to use the stock to augment local supply in times of price rise.
"Around 7 lakh tonne of pulses including tur has been sold so far. The efforts are made in order to clear the old stock and create space for new crop," the official told PTI.
The government is disposing of stocks through e-auction to private traders, army and paramilitary forces as well as states besides for central welfare schemes like mid-day meal.
Pulses such as tur, urad, moong, masur and chana were mostly procured over last one year by three agencies cooperative Nafed, state-run Food Corporation of India and Small Farmers Agribusiness Consortium (SFAC).
The country is expected to produce a record 23.95 million tonne in the current 2017-18 crop year (July-June), as against 23.13 million tonne last year mainly because of good rains and higher support prices.


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 

Friday, 30 March 2018

CAPITALSTARS - India to export 65-70 lakh bales of cotton in 2017-18

Agri commodity calls, Agri Commodity Tips, Cotton Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services,

India will export 65-70 lakh bales of cotton in the ongoing cotton season 2017-18 (October-September) amid aggressive demands from neighbouring countries like Bangladesh, Pakistan and China, said an official on Thursday.
Atul Ganatra, President, Cotton Association of India (CAI), said that apart from the neighbouring countries, India has also been receiving demands for cotton from several other countries, including Vietnam, Indonesia and Turkey.
According to the CAI, India had exported 63 lakh bales of cotton last year. Each bale has nearly 170 kg of cotton.
India has already shipped nearly 53-55 lakh bales in the current season and contracts have been signed for another 8-10 lakh bales scheduled for shipment in April-May.
As per the United States Department of Agriculture (USDA) figures, India is the largest producer of cotton in the world with 365 lakh bales this year, followed by China (353 lakh bales), the U.S. (273 lakh bales), Pakistan (105 lakh bales) and Brazil (103 lakh bales).
The five largest exporters of cotton are the U.S. (186 lakh bales), Australia (56 lakh bales), Brazil (54 lakh bales), India (54 lakh bales) and Uzbekistan (15 lakh bales).
As per the US agency, five major consumers of cotton are China (513 lakh bales), India (314 lakh bales), Pakistan (134 lakh bales), Bangladesh, (92 lakh bales) and Turkey (90 lakh bales).
The five major importers are Bangladesh (93 lakh bales), China (64 lakh bales), Vietnam (54 lakh bales), Indonesia (45 lakh bales) and Turkey (45 lakh bales).

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 

Saturday, 17 March 2018

Sugar bears come out to play as India, Thailand post record harvests

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Sugar tips

The investors are holding the biggest net-short position, or bets on declining prices, in six weeks 

There’s about to be enough sugar piled up in warehouses to make three chocolate cakes for every person in the world, and that’s got the market spooked.Supplies are booming thanks to the outlook for record harvests in India and Thailand, the world’s No. 2 exporter. The glut has already sent futures in New York to the lowest since September 2015, and hedge funds are gearing up for more losses. The investors are holding the biggest net-short position, or bets on declining prices, in six weeks.Citigroup Inc. expects a global surplus of 11.1 million metric tons this season, Aakash Doshi, a New York-based analyst, said in a March 13 report. The bank raised its outlook about 2.8 per cent from a February projection, citing gains in Asian production. The excess would be big enough to almost satisfy a full year’s worth of demand in the US, government data show.
Raw-sugar futures in New York are down 17 per cent this year to 12.65 cents a pound.
That’s the biggest loss among the 22 components of the Bloomberg Commodity Index.Funds are positioning for more losses. In the week ended March 13, money managers increased net-bearish holdings by 33 per cent to 141,659 futures and options, Commodity Futures Trading Commission data showed Friday. The figure measures the difference between bets on a price decline and wagers on a rise.




Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 

Tuesday, 6 February 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 07 FEB 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

The NCDEX Turmeric Apr futures is surged up by 0.06% in the last trading to close at 7108 level till Tuesday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric on NCDEX settled down by -0.62% at 7104 on profit booking after prices seen supported as new crop supplies have not picked up in various producing centres. The overall production in the major states has been estimated to be down by 25-30% which is limiting the downside. Turmeric prices are likely to rule easy in the coming as supplies for new crop would increase. Arrivals in Nizamabad stood at 20,000 and bulb variety was traded at Rs 6,000-6,500 per quintal while finger variety changed hands at Rs 6,500-7,400 a quintal. Turmeric output is seen lower because farmers planted on lower area due to weak prices. New crop supplies have started in the markets of Maharashtra, Tamil Nadu, Odisha, and Andhra Pradesh but in limited quantity. India's turmeric export during April-September remained flat 59,000 ton, showed Spices Board data.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7230
RESISTANCE 1: 7170
SUPPORT 1: 7040
SUPPORT 2: 6980
STRATEGY: SELL ON RISE

The NCDEX Soyabean Feb futures surged up by 0.34% in the last trading to close at 3530 level till Tuesday closing. Positive inputs from the 2018-19 Union Budget session shall keep soybean in near term but in short term, moderate decline is possible since fresh buying interest in physical market shall emerge only after a 50- 100 rupee fall, as per trade sources. Possibility of rise in delivery quantities against the February contract expiry will be another bearish factor. Overall view will be positive as per broad based fundamentals. March soybean is likely to find strong support between 3500-3550 in the current month. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has reestablished and harvest season nears completion, any sharp fall is ruled out.
SOYABEAN (FEB) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 3630
RESISTANCE 1: 3580
SUPPORT 1 : 3450
SUPPORT 2: 3370
STRATEGY: SELL ON RISE

The NCDEX Guarseed Feb futures is slipped by -2.19% in the last trading to close at 4464 level till Tuesday closing. Rising crude oil prices, firmness in Dollar vs Re and pickup in exports at these lower levels—all these factors supported Guar prices. Moving forward, guarseed is likely to touch 5000 and find immediate strong resistance there, while guar gum breaks levels of 10000. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US. As per reports from APEDA, improved export demand of guar has been noted.
GUARSEED (FEB) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 4550
RESISTANCE 1: 4500
SUPPORT 1: 4440
SUPPORT 2 : 4410
STRATEGY: SELL ON RISE

The NCDEX Jeera March futures surged up by 0.24% in the last trading to close at 16760 level on Tuesday. Jeera on NCDEX settled up by 0.78% at 16720 on short covering after prices dropped due to hopes of bumper output on the back of favourable weather conditions and higher sowing. Jeera sowing in Gujarat jumped to 382,600 hectare from 286,030 hectare a year ago, according to data from Gujarat Agriculture Department. Jeera sowing in Rajasthan-the other producing state-is also stated to be higher. New jeera crop supplies have commenced in the markets of Gujarat and may pick up in the coming days putting pressure on prices. During April-September 2017, India's jeera exports jumped 16% to 79,460 ton as per data from Spices Board. According to farmer estimates, jeera production in Gujarat was estimated at around 2.75 lakh tonnes (approximately 50 lakh bags weighing 55 kg each) last year, which is likely to touch 4.12 lakh tonnes this year.
JEERA (MARCH) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 17000
RESISTANCE 1: 16850
SUPPORT 1: 16650
SUPPORT 2: 16550
STRATEGY: BUY ON DIPS


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Monday, 5 February 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 06 FEB 2018

..Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

The NCDEX Turmeric Apr futures is slipped by -0.64% in the last trading to close at 7102 level till Monday closing at India's National Commodity & Derivatives Exchange (NCDEX). Sideways to slight weak trend persisted for Turmeric as new crop arrivals kept uptrend limited and traders too waited for some more fall in prices before initiating demand in the mandis. Markets talks suggest that a significant drop in sowing in regions across Erode due to a drought like situation last year. As per trader estimates, production is expected to fall to 1-3 lakh bags from the normal 15-20 lakh bags seen on an average. This lower production will be to some extent compensated by a higher production expectation from AP and Maharashtra. Absence of sufficient dams is adversely affecting the crop in TN due to 2 unfavorable monsoons.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 7290
RESISTANCE 1: 7200 
SUPPORT 1: 7030
SUPPORT 2: 6960 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Feb futures slipped by -2.98% in the last trading to close at 3518 level till Monday closing. Soybean recovered from day’s low after receiving positive inputs from the 2018-19 Union Budget session. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210-3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.
SOYABEAN (FEB) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 3650
RESISTANCE 1: 3580 
SUPPORT 1 : 3480
SUPPORT 2: 3450 
STRATEGY: SELL ON RISE

The NCDEX Guarseed Feb futures is slipped by -3.00% in the last trading to close at 4564 level till Monday closing. Guar gradually starts moving up as firmness in Crude oil prices leading to rising export demand kept supporting prices after the recent fall. Overall trend remains Bullish. A rise in Dollar vs Rupee too would be supporting factor for exports. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor.
GUARSEED (FEB) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 4700
RESISTANCE 1: 4630 
SUPPORT 1: 4530
SUPPORT 2 : 4500 
STRATEGY: SELL ON RISE

The NCDEX Jeera March futures surged up by 0.78% in the last trading to close at 16720 level on Monday. Markets found strong support at these lower levels as prices stabilized after the recent fall. However, recovery was limited due to lack of strong demand amidst expected higher arrivals of the new crop in coming weeks . Even as sowing is expected to be higher with shifting of other crop towards Jeera due to the high prevailing rates, a delayed sowing in Gujarat (due to warmer climate) may have some adverse impact on the crop productivity and its arrivals. Exports from China have reportedly been on the rise. Demand from Gulf countries too has shifted to India as geo-political tensions in Turkey and Syria adversely affected the production and the exports from there. India became major beneficiary.
JEERA (MARCH) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 16980
RESISTANCE 1: 16850 
SUPPORT 1: 16600
SUPPORT 2: 16500 
STRATEGY: BUY ON DIPS



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Sunday, 4 February 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 05 FEB 2018

..Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,


The NCDEX Turmeric Apr futures is slipped by -0.67% in the last trading to close at 7142 level till Friday closing at India's National Commodity & Derivatives Exchange (NCDEX). Sideways to slight weak trend persisted for Turmeric as new crop arrivals kept uptrend limited and traders too waited for some more fall in prices before initiating demand in the mandis. Markets talks suggest that a significant drop in sowing in regions across Erode due to a drought like situation last year. As per trader estimates, production is expected to fall to 1-3 lakh bags from the normal 15-20 lakh bags seen on an average. This lower production will be to some extent compensated by a higher production expectation from AP and Maharashtra. Absence of sufficient dams is adversely affecting the crop in TN due to 2 unfavorable monsoons.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 7250
RESISTANCE 1: 7200 
SUPPORT 1: 7100
SUPPORT 2:7070 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Feb futures slipped by -0.49% in the last trading to close at 3624 level till Friday closing. Soybean recovered from day’s low after receiving positive inputs from the 2018-19 Union Budget session. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210-3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.
SOYABEAN (FEB) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 3700
RESISTANCE 1: 3660 
SUPPORT 1 : 3600
SUPPORT 2: 3570 
STRATEGY: SELL ON RISE

The NCDEX Guarseed Feb futures is surged up by 0.27% in the last trading to close at 4671 level till Friday closing. Guar gradually starts moving up as firmness in Crude oil prices leading to rising export demand kept supporting prices after the recent fall. Overall trend remains Bullish. A rise in Dollar vs Rupee too would be supporting factor for exports. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor.
GUARSEED (FEB) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 4770
RESISTANCE 1: 4720 
SUPPORT 1: 4640
SUPPORT 2 : 4620 
STRATEGY: BUY ON DIPS

The NCDEX Jeera Feb futures surged up by 0.03% in the last trading to close at 16565 level on Friday. Markets found strong support at these lower levels as prices stabilized after the recent fall. However, recovery was limited due to lack of strong demand amidst expected higher arrivals of the new crop in coming weeks . Even as sowing is expected to be higher with shifting of other crop towards Jeera due to the high prevailing rates, a delayed sowing in Gujarat (due to warmer climate) may have some adverse impact on the crop productivity and its arrivals. Exports from China have reportedly been on the rise. Demand from Gulf countries too has shifted to India as geo-political tensions in Turkey and Syria adversely affected the production and the exports from there. India became major beneficiary.
JEERA (FEB) TECHNICAL VIEW:
TREND: CONSOLIDATE 
RESISTANCE 2: 16800
RESISTANCE 1: 16700 
SUPPORT 1: 16500
SUPPORT 2: 16400 
STRATEGY: BUY ON DIPS



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Friday, 2 February 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & UPDATES - 02 FEB 2018

..Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

The NCDEX Turmeric Apr futures is slipped by -0.41% in the last trading to close at 7204 level till Thursday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric on NCDEX settled down -2.76% at 7330 due to expectation of arrivals of new season crop. Currently supplies from the new season turmeric have been lower during first 15 days of Jan at 5,405 tonnes compared to 6,586 tonnes last year, as per data. The export of turmeric is down by 17% to 63,395 tonnes for the first 7 month of FY 2017/18 compared to last years’ exports. In Nizamabad, new crop arrivals stood 3,000 bags. There were also arrivals of 1,000 bags of old crop. Not much of demand is emerging in Turmeric as supplies are about to increase. New crop arrivals are increasing and prices are witnessing a lean patch now. The demand from the stockists is likely to be thin in coming days. Spot turmeric prices decreased at Erode markets as arrivals rose. Almost all the traders purchased quality turmeric without quoting a higher price.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7310
RESISTANCE 1: 7260
SUPPORT 1: 7140
SUPPORT 2:7080
STRATEGY: SELL ON RISE

The NCDEX Soyabean Feb futures slipped by -1.03% in the last trading to close at 3647 level till Thursday closing. Soybean kept trading firm on strong demand in mandis amidst firmness in International markets. Outlook for this month shall remain bullish. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210-3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.
SOYABEAN (FEB) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 3750
RESISTANCE 1: 3700
SUPPORT 1 : 3610
SUPPORT 2: 3570
STRATEGY: SELL ON RISE

The NCDEX Guarseed Feb futures is surged up by 1.13% in the last trading to close at 4664 level till Thursday closing. Guargum inched towards the 10,000 psychological mark as traders expect the exports to start rising at these levels with the recent firmness in Crude oil prices. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US.
GUARSEED (FEB) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4730
RESISTANCE 1: 4700
SUPPORT 1: 4610
SUPPORT 2 : 4560
STRATEGY: BUY ON DIPS

The NCDEX Jeera Feb futures surged up by 0.24% in the last trading to close at 16570 level on Thursday. Jeera on NCDEX settled down -0.3% at 16560 on fresh selling initiated by market participants pressured by the start of new season arrivals coupled with weak physical demand at higher prices. The arrivals are expected to pick up in next 15-20 days. Jeera production may be higher in coming season on reports of higher acreage of cumin in the current season. In Gujarat, Jeera acreage is up by 38% to 3.83 lakh hectares as on 15-Jan-18. Last year, it was 2.88 lakh ha at that same time. Moreover, good progress of jeera sowing in Gujarat pressurizes prices. As per government data, Jeera exports during first seven month of FY 2017/18 (Apr-Sep) is 88,229 tonnes, up 11% compared to last year exports volume for the same period. India's jeera exports in October increase by 37% on year to 10,402 tn.
JEERA (FEB) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 16800
RESISTANCE 1: 16700
SUPPORT 1: 16400
SUPPORT 2: 16300
STRATEGY: SELL ON RISE


Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Wednesday, 31 January 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & UPDATES - 01 FEB 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

The NCDEX Turmeric Apr futures is surged up by 0.58% in the last trading to close at 7228 level till Wednesday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric on NCDEX settled down by -1% at 7326 tracking weakness in spot demand amid lower exports and increased supply from government auctions. However, expectation of improvement in country's demands for new season crop trimmed further losses. Not much of demand is emerging in Turmeric as supplies are about to increase. New crop arrivals are increasing and prices are witnessing a lean patch now. The demand from the stockists is likely to be thin in coming days. Fresh crop supplies are expected to be higher in the coming days and higher moisture content may impact buying activities. Spot turmeric prices showed a mixed trend amid limited sales at Erode markets. There are limited quantity of Mysore variety and the turmeric buying season will commence from February when the arrival of new crop hits the yards and prices will improve.
TURMERIC (APR) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7380 
RESISTANCE 1: 7300 
SUPPORT 1: 7140 
SUPPORT 2: 7050 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Feb futures slipped by -0.94% in the last trading to close at 3678 level till Wednesday closing. Soybean kept trading firm on strong demand in mandis amidst firmness in International markets. Outlook for this month shall remain bullish. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210- 3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month
SOYABEAN (FEB) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 3800 
RESISTANCE 1: 3740 
SUPPORT 1 : 3640 
SUPPORT 2: 3610 
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Feb futures is slipped by -0.58% in the last trading to close at 4600 level till Wednesday closing. Guargum inched towards the 10,000 psychological mark as traders expect the exports to start rising at these levels with the recent firmness in Crude oil prices. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US.
GUARSEED (FEB) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2: 4700 
RESISTANCE 1: 4650 
SUPPORT 1: 4570 
SUPPORT 2 : 4450 
STRATEGY: BUY ON DIPS

The NCDEX Jeera Feb futures surged up by -1.04% in the last trading to close at 16505 level on Wednesday. Jeera on NCDEX settled up by 0.21% at 16475 on short covering after prices dropped amid reports of rising arrivals of new crop supplies in the producing markets of Gujarat. Jeera sowing in Gujarat jumped to 382,600 hectare until January 15 from 286,030 hectare a year ago. New crop of jeera has started trickling in the benchmark market of Unjha in Gujarat from last week. The new crop arrivals are from Saurashtra, and the Gondal region in Gujarat. In March, when arrivals peak, prices of jeera are likely to decline to 17,000-18,000 rupees per 100 kg. According to traders' estimate, the country's jeera output during 2017-18 (Oct-Sep) is seen rising 30% on year to 6.5 mln bags due to a sharp rise in acreage as farmers were lured by higher prices last season. India is likely to have exported a little over 102,000 tn of jeera in Apr-Dec, a 12% onyear rise, as political unrest in Syria and waning stocks in Turkey kept these two traditional competitors on the sidelines.
JEERA (FEB) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 16800 
RESISTANCE 1: 16650 
SUPPORT 1: 16350 
SUPPORT 2: 16200 
STRATEGY: SELL ON RISE 



Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Capitalstars Updates: FREE AGRI COMMODITY MARKET NEWS & LEVELS : 31 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

TURMERIC 

The NCDEX Turmeric Apr futures is slipped by -0.85% in the last trading to close at 7194 level till Tuesday closing at India's National Commodity & Derivatives Exchange (NCDEX).  

Turmeric on NCDEX settled down by -1% at 7326 tracking weakness in spot demand amid lower exports and increased supply from government auctions. However, expectation of improvement in country's demands for new season crop trimmed further losses. Not much of demand is emerging in Turmeric as supplies are about to increase. New crop arrivals are increasing and prices are witnessing a lean patch now. The demand from the stockists is likely to be thin in coming days. Fresh crop supplies are expected to be higher in the coming days and higher moisture content may impact buying activities. Spot turmeric prices showed a mixed trend amid limited sales at Erode markets. There are limited quantity of Mysore variety and the turmeric buying season will commence from February when the arrival of new crop hits the yards and prices will improve.

TURMERIC (APR) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7310 
RESISTANCE 1: 7250 
SUPPORT 1: 7150 
SUPPORT 2: 7100 
STRATEGY:  SELL ON RISE 

SOYABEAN 

The NCDEX Soyabean Feb futures slipped by -2.70% in the last trading to close at 3708 level till Tuesday closing.  

Soybean kept trading firm on strong demand in mandis amidst firmness in International markets. Outlook for this month shall remain bullish. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210- 3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.

SOYABEAN (FEB) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 3920 
RESISTANCE 1: 3810 
SUPPORT 1 : 3630 
SUPPORT 2:  3560 
STRATEGY:  BUY ON DIPS 

GUARSEED 

The NCDEX Guarseed Feb futures is surged up by 0.36% in the last trading to close at 4660 level till Tuesday closing.  

Guargum inched towards the 10,000 psychological mark as traders expect the exports to start rising at these levels with the recent firmness in Crude oil prices. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US.
                                              
GUARSEED (FEB) TECHNICAL VIEW:  
TREND: BULLISH 
RESISTANCE 2: 4750  
RESISTANCE 1: 4700 
SUPPORT 1: 4580 
SUPPORT 2 : 4490 
STRATEGY:  BUY ON DIPS 

JEERA 

The NCDEX Jeera Feb futures slipped by -0.88% in the last trading to close at 16345 level on Tuesday.   

Jeera on NCDEX settled up by 0.21% at 16475 on short covering after prices dropped amid reports of rising arrivals of new crop supplies in the producing markets of Gujarat. Jeera sowing in Gujarat jumped to 382,600 hectare until January 15 from 286,030 hectare a year ago. New crop of jeera has started trickling in the benchmark market of Unjha in Gujarat from last week. The new crop arrivals are from Saurashtra, and the Gondal region in Gujarat. In March, when arrivals peak, prices of jeera are likely to decline to 17,000-18,000 rupees per 100 kg. According to traders' estimate, the country's jeera output during 2017-18 (Oct-Sep) is seen rising 30% on year to 6.5 mln bags due to a sharp rise in acreage as farmers were lured by higher prices last season. India is likely to have exported a little over 102,000 tn of jeera in Apr-Dec, a 12% on- year rise, as political unrest in Syria and waning stocks in Turkey kept these two traditional competitors on the sidelines.
                                                                       
JEERA (FEB) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 16750 
RESISTANCE 1: 16550 
SUPPORT 1:  16200 
SUPPORT 2: 16050 
STRATEGY: SELL ON RISE 




Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Tuesday, 30 January 2018

Capitalstars Updates: FREE AGRI COMMODITY MARKET NEWS & LEVELS : 30 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

TURMERIC 

The NCDEX Turmeric Apr futures is slipped by -1.50% in the last trading to close at 7246 level till Monday closing at India's National Commodity & Derivatives Exchange (NCDEX).  

Turmeric on NCDEX settled down by -1% at 7326 tracking weakness in spot demand amid lower exports and increased supply from government auctions. However, the expectation of improvement in country's demands for new season crop trimmed further losses. Not much of demand is emerging in Turmeric as supplies are about to increase. New crop arrivals are increasing and prices are witnessing a lean patch now. The demand from the stockists is likely to be thin in coming days. Fresh crop supplies are expected to be higher in the coming days and higher moisture content may impact buying activities. Spot turmeric prices showed a mixed trend amid limited sales at Erode markets. There is limited quantity of Mysore variety and the turmeric buying season will commence from February when the arrival of new crop hits the yards and prices will improve.                                                   
                                                                                      
TURMERIC (APR) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7500 
RESISTANCE 1: 7370 
SUPPORT 1: 7160 
SUPPORT 2: 7080 
STRATEGY:  SELL ON RISE 

SOYABEAN 

The NCDEX Soyabean Feb futures surged up by 3.98% in the last trading to close at 3811 level till Monday closing.  

Soybean kept trading firm on strong demand in mandis amidst firmness in International markets. Outlook for this month shall remain bullish. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210- 3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.

SOYABEAN (FEB) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2: 3900 
RESISTANCE 1: 3850 
SUPPORT 1 : 3720 
SUPPORT 2:  3630 
STRATEGY:  BUY ON DIPS 

GUARSEED

The NCDEX Guarseed Feb futures is surged up by 0.21% in the last trading to close at 4630 level till Monday closing.  

Guargum inched towards the 10,000 psychological mark as traders expect the exports to start rising at these levels with the recent firmness in Crude oil prices. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US.
                                              
GUARSEED (FEB) TECHNICAL VIEW:  
TREND: BULLISH 
RESISTANCE 2: 4780  
RESISTANCE 1: 4700 
SUPPORT 1: 4580 
SUPPORT 2 : 4540 
STRATEGY:  BUY ON DIPS 

JEERA 

The NCDEX Jeera Feb futures surged up by 0.43% in the last trading to close at 16500 level on Monday.   

Jeera on NCDEX settled up by 0.21% at 16475 on short covering after prices dropped amid reports of rising arrivals of new crop supplies in the producing markets of Gujarat. Jeera sowing in Gujarat jumped to 382,600 hectares until January 15 from 286,030 hectares a year ago. New crop of jeera has started trickling in the benchmark market of Unjha in Gujarat from last week. The new crop arrivals are from Saurashtra and the Gondal region in Gujarat. In March, when arrivals peak, prices of jeera are likely to decline to 17,000-18,000 rupees per 100 kg. According to traders' estimate, the country's jeera output during 2017-18 (Oct-Sep) is seen rising 30% on year to 6.5 mln bags due to a sharp rise in acreage as farmers were lured by higher prices last season. India is likely to have exported a little over 102,000 tn of jeera in Apr-Dec, a 12% on- year rise, as political unrest in Syria and waning stocks in Turkey kept these two traditional competitors on the sidelines. 
                                                                      
JEERA (FEB) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 16650 
RESISTANCE 1: 16570 
SUPPORT 1:  16400 
SUPPORT 2: 16330 
STRATEGY: SELL ON RISE 





Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Monday, 29 January 2018

Capitalstars Updates: FREE AGRI COMMODITY MARKET NEWS & LEVELS : 29 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, Jeera Tips, MCX Tips Services, mentha oil tips, ncdex ref.soyaoil, Soyabean,

TURMERIC 

The NCDEX Turmeric Apr futures is surged up by 0.38% in the last trading to close at 7354 level till Thursday closing at India's National Commodity & Derivatives Exchange (NCDEX).  

Turmeric on NCDEX settled down by -1% at 7326 tracking weakness in spot demand amid lower exports and increased supply from government auctions. However, expectation of improvement in country's demands for new season crop trimmed further losses. Not much of demand is emerging in Turmeric as supplies are about to increase. New crop arrivals are increasing and prices are witnessing a lean patch now. The demand from the stockists is likely to be thin in coming days. Fresh crop supplies are expected to be higher in the coming days and higher moisture content may impact buying activities. Spot turmeric prices showed a mixed trend amid limited sales at Erode markets. There are limited quantity of Mysore variety and the turmeric buying season will commence from February when the arrival of new crop hits the yards and prices will improve.

TURMERIC (APR) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7500 
RESISTANCE 1: 7430 
SUPPORT 1: 7270 
SUPPORT 2: 7190 
STRATEGY:  SELL ON RISE 

SOYABEAN 

The NCDEX Soyabean Feb futures surged up by 3.55% in the last trading to close at 3673 level till Thursday closing.  

Soybean kept trading firm on strong demand in mandis amidst firmness in International markets. Outlook for this month shall remain bullish. India’s harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside just few months, back, but as parity in exporting Indian soymeal has re-established and harvest season nears completion, any sharp fall is ruled out. USDA’s recent supply-demand report was slightly bearish but that was already factored in by global trade participants therefore soybean and US soy complex traded with bullish mood yesterday. Technically NCDEX Feb soybean will tend to remain firm as long as finds support above 3210- 3220 levels. As stated in the latest USDA report, U.S. oilseed production for 2017/18 is estimated at 131.3 million tons, down 0.9 million from last month.

SOYABEAN (FEB) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2: 3760 
RESISTANCE 1: 3720 
SUPPORT 1 : 3600 
SUPPORT 2:  3520 
STRATEGY:  BUY ON DIPS 

GUARSEED 

The NCDEX Guarseed Feb futures is surged up by 2.83% in the last trading to close at 4634 level till Thursday closing.  

Guargum inched towards the 10,000 psychological mark as traders expect the exports to start rising at these levels with the recent firmness in Crude oil prices. Moving forward, guarseed is likely to touch at least 5000, while guar gum might see levels of 10000 or even above. Upward trend is expected in medium term also because of rising concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back. Lowering inventories will be another bullish factor. The new crop arrivals shall drop further thereby offering further support. Increased exports of guar gum during last year have been encouraging due to increasing rig count in the US. 
                                              
GUARSEED (FEB) TECHNICAL VIEW:  
TREND: BULLISH 
RESISTANCE 2: 4730  
RESISTANCE 1: 4680 
SUPPORT 1: 4550 
SUPPORT 2 : 4480 
STRATEGY:  BUY ON DIPS 

JEERA 

The NCDEX Jeera Feb futures slipped by -0.21% in the last trading to close at 16440 level on Thursday.   

Jeera on NCDEX settled up by 0.21% at 16475 on short covering after prices dropped amid reports of rising arrivals of new crop supplies in the producing markets of Gujarat. Jeera sowing in Gujarat jumped to 382,600 hectare until January 15 from 286,030 hectare a year ago. New crop of jeera has started trickling in the benchmark market of Unjha in Gujarat from last week. The new crop arrivals are from Saurashtra, and the Gondal region in Gujarat. In March, when arrivals peak, prices of jeera are likely to decline to 17,000-18,000 rupees per 100 kg. According to traders' estimate, the country's jeera output during 2017-18 (Oct-Sep) is seen rising 30% on year to 6.5 mln bags due to a sharp rise in acreage as farmers were lured by higher prices last season. India is likely to have exported a little over 102,000 tn of jeera in Apr-Dec, a 12% on- year rise, as political unrest in Syria and waning stocks in Turkey kept these two traditional competitors on the sidelines.
                                                                     
JEERA (FEB) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 16650 
RESISTANCE 1: 16550 
SUPPORT 1:  16330 
SUPPORT 2: 16220 
STRATEGY: SELL ON RISE 





Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.CapitalStars Investment Adviser: SEBI Registration Number: INA000001647