Showing posts with label Chana Tips. Show all posts
Showing posts with label Chana Tips. Show all posts

Monday, 19 December 2016

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 20 DEC 2016


CS TURMERIC   (APRIL) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2:7050
RESIST 1:6950         
SUP1:6650
SUP2:6450
STRATEGY: SELL ON RISE

CS SOYABEAN ( JANUARY ) OVERVIEW:
TREND   MIXED TO  BEARISH
RESIST 2:3130
RESIST 1:3090
SUP1:3000
SUP2:2970
STRATEGY: SELL ON RISE

CS GARUSEED  ( JANUARY ) OVERVIEW:                          
TREND   MIXED TO BEARISH
RESIST 2:3375
RESIST 1:3320
SUP1: 3190
SUP2:3150
STRATEGY: SELL ON RISE

CS DHANIYA ( JANUARY ) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2: 7850
RESIST 1: 7750    
SUP1:7500
SUP2:7400
STRATEGY: SELL ON RISE

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164   


Sunday, 18 December 2016

AGRI COMMODITY MARKET TIPS & LEVELS - 19 DEC 2016


Turmeric April futures traded on a slipped Friday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -0.68% to 7000 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BEARISH 
RESISTANCE 2: 7200, 
RESISTANCE 1: 7050, 
SUPPORT 1: 6950, 
SUPPORT 2: 6900. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures slipped by -0.97% in the last trading to close at 3050 level till Friday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days.
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3130, 
RESISTANCE 1:3100, 
SUPPORT 1: 3030, 
SUPPORT 2: 3000. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Negative note decreased demand on Friday (5.00PM). Gaurseed Jan contract lost -1.98% to 3261 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets. 
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3400, 
RESISTANCE 1:3330, 
SUPPORT 1: 3220, 
SUPPORT 2: 3190. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures surged up by 0.85% in the last trading to close at 7734 level on Friday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend. 
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 7850, 
RESISTANCE 1: 7800, 
SUPPORT 1: 7500, 
SUPPORT 2: 7450. 
STRATEGY: SELL ON RISE 

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164   

Thursday, 15 December 2016

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 16 DEC 2016


Turmeric April futures traded on a slipped Thursday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -1.97% to 7048 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BEARISH 
RESISTANCE 2: 7250, 
RESISTANCE 1: 7150, 
SUPPORT 1: 6970, 
SUPPORT 2: 6900. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures slipped by -0.26% in the last trading to close at 3082 level till Thursday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days. 
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3160, 
RESISTANCE 1:3130, 
SUPPORT 1: 3060, 
SUPPORT 2: 3030. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Negative note decreased demand on Thursday (5.00PM). Gaurseed Jan contract lost -0.15% to 3325 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets. 
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3400, 
RESISTANCE 1:3370, 
SUPPORT 1: 3300, 
SUPPORT 2: 3270. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures slipped by -2.46% in the last trading to close at 7650 level on Thursday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend.
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 7850, 
RESISTANCE 1: 7750, 
SUPPORT 1: 7600, 
SUPPORT 2: 7480. 
STRATEGY: SELL ON RISE

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164     

Wednesday, 14 December 2016

AGRI COMMODITY MARKET TIPS & LEVELS - 15 DEC 2016


Turmeric April futures traded on a slipped Wednesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -0.22% to 7174 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BULLISH 
RESISTANCE 2: 7320, 
RESISTANCE 1: 7220, 
SUPPORT 1: 7120, 
SUPPORT 2: 7000. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean Jan futures surged up by 0.78% in the last trading to close at 3093 level till Wednesday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days. 
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2:3160, 
RESISTANCE 1:3130, 
SUPPORT 1: 3060, 
SUPPORT 2: 3000. 
STRATEGY: BUY ON DIPS

Guarseed futures traded on a Negative note decreased demand on Wednesday (5.00PM). Gaurseed Jan contract lost -0.83% to 3331 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets. 
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3380, 
RESISTANCE 1:3350, 
SUPPORT 1: 3300, 
SUPPORT 2: 3270. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures slipped by -1.01% in the last trading to close at 7822 level on Wednesday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend.
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8000, 
RESISTANCE 1: 7900, 
SUPPORT 1: 7750, 
SUPPORT 2: 7650. 
STRATEGY: SELL ON RISE 

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164   

Tuesday, 13 December 2016

AGRI COMMODITY MARKET TIPS & LEVELS - 14 DEC 2016


Turmeric April futures traded on a surged up Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 0.56% to 7192 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BULLISH 
RESISTANCE 2: 7380, 
RESISTANCE 1: 7300, 
SUPPORT 1: 7000, 
SUPPORT 2: 6950. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean Jan futures surged up by 0.56% in the last trading to close at 3071 level till Tuesday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days.
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2:3160, 
RESISTANCE 1:3130, 
SUPPORT 1: 3050, 
SUPPORT 2: 3000. 
STRATEGY: BUY ON DIPS

Guarseed futures traded on a Positive note increased demand on Tuesday (5.00PM). Gaurseed Jan contract gained 0.03% to 3310 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets.
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2: 3440, 
RESISTANCE 1:3400, 
SUPPORT 1: 3300, 
SUPPORT 2: 3270. 
STRATEGY: BUY ON DIPS

The NCDEX Dhaniya Jan futures slipped by -0.21% in the last trading to close at 7920 level on Tuesday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend. 
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8100, 
RESISTANCE 1: 8000, 
SUPPORT 1: 7850, 
SUPPORT 2: 7770. 
STRATEGY: SELL ON RISE 

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164   

Thursday, 8 December 2016

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 09 DEC 2016


Turmeric April futures traded on a surged up Thursday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 0.48% to 7102 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BULLISH 
RESISTANCE 2: 7300, 
RESISTANCE 1: 7150, 
SUPPORT 1: 7000, 
SUPPORT 2: 6950. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean Jan futures slipped by -1.03% in the last trading to close at 3063 level till Thursday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days.
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3135, 
RESISTANCE 1:3100, 
SUPPORT 1: 3050, 
SUPPORT 2: 3000. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Positive note increased demand on Thursday (5.00PM). Gaurseed Jan contract gained 0.03% to 3310 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets.
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3400, 
RESISTANCE 1:3330, 
SUPPORT 1: 3270, 
SUPPORT 2: 3230. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures slipped by -0.35% in the last trading to close at 7914 level on Thursday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend. 
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8100, 
RESISTANCE 1: 8050, 
SUPPORT 1: 7850, 
SUPPORT 2: 7750. 
STRATEGY: SELL ON RISE

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164   

Wednesday, 7 December 2016

AGRI COMMODITY MARKET TIPS & LEVELS - 08 DEC 2016


Turmeric April futures traded on a surged up Wednesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 1.11% to 7078 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND:MIXED TO BULLISH 
RESISTANCE 2: 7200, 
RESISTANCE 1: 7150, 
SUPPORT 1: 6980, 
SUPPORT 2: 6880. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean Jan futures slipped by -0.96% in the last trading to close at 3089 level till Wednesday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days.
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3175, 
RESISTANCE 1:3125, 
SUPPORT 1: 3070, 
SUPPORT 2: 3000. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Negative note decreased demand on Wednesday (5.00PM). Gaurseed Jan contract lost -0.18% to 3316 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets. 
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3450, 
RESISTANCE 1:3380, 
SUPPORT 1: 3280, 
SUPPORT 2: 3240. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures surged up by 0.33% in the last trading to close at 7920 level on Wednesday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend.
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8100, 
RESISTANCE 1: 8020, 
SUPPORT 1: 7780, 
SUPPORT 2: 7680. 
STRATEGY: SELL ON RISE 

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164 

Tuesday, 6 December 2016

AGRI COMMODITY MARKET TIPS & LEVELS - 07 DEC 2016

Turmeric April futures traded on a surged up Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 0.29% to 7000 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (APRIL) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 7120, 
RESISTANCE 1: 70040, 
SUPPORT 1: 6890, 
SUPPORT 2: 6840. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean Jan futures slipped by -0.83% in the last trading to close at 3112 level till Tuesday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days. 
SOYABEAN (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3150, 
RESISTANCE 1:3140, 
SUPPORT 1: 3100, 
SUPPORT 2: 3070. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Positive note increased demand on Tuesday (5.00PM). Gaurseed Jan contract gained 0.03% to 3323 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets. 
GAURSEED (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 3400, 
RESISTANCE 1:3340, 
SUPPORT 1: 3280, 
SUPPORT 2: 3230. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya Jan futures slipped by -1.44% in the last trading to close at 7885 level on Tuesday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend.
DHANIYA (JANUARY) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8250, 
RESISTANCE 1: 8110, 
SUPPORT 1: 7770, 
SUPPORT 2: 7680. 
STRATEGY: SELL ON RISE  

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164 

Sunday, 4 December 2016

AGRI COMMODITY MARKET TIPS & REPORT - 05 DEC 2016


Turmeric Dec futures traded on a slipped Friday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -1.44% to 7264 level at NCDEX. Moderate firm trend persisted for Turmeric even as low volumes were noted in the futures market. Overall trend remained firm however for the medium term on falling stocks as demand is expected to recover after some more corrections in prices New crop arrivals are still far away from Dec onwards, and this could keep overall market sentiments bullish for the time being.
TURMERIC (DECEMBER) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 7450, 
RESISTANCE 1: 7350, 
SUPPORT 1: 7200, 
SUPPORT 2: 7130. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Dec futures surged up by 0.06% in the last trading to close at 3117 level till Friday closing. Domestic market was supported from news of US soybean export picking up, in addition to renewed buying interest against lower price levels. News of stock limits being eased by the Maharashtra government added to the positive tone. The Government of Maharashtra has announced on Monday to cancel buying limits which implies that now plants shall be prompted to buy in bulk quantities when needed. This will be supportive for prices in coming days.
SOYABEAN (DECEMBER) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2:3220, 
RESISTANCE 1:3180, 
SUPPORT 1: 3110, 
SUPPORT 2: 3080. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a negative note decreased demand on Friday (5.00PM). Gaurseed Dec contract lost -1.13% to 3330 levels. Firm trend was noted for Guar even as profit booking set in at the higher levels. With exports slowly picking up for the new crop amidst firm Dollar vs Rupee, falling stocks and the present low rates added to the bullish sentiments. Fundamentals remain slight firm with falling stocks in domestic and International markets.
GAURSEED (DECEMBER) TECHNICAL VIEW: 
TREND: MIXED TO BULLISH 
RESISTANCE 2: 3420, 
RESISTANCE 1:3380, 
SUPPORT 1: 3305, 
SUPPORT 2: 3280. 
STRATEGY: BUY ON DIPS

The NCDEX Dhaniya Dec futures slipped by -0.88% in the last trading to close at 8010 level on Friday. Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of improved demand at the spot market. Further, restricted arrivals from major growing regions also added support to coriander prices’ uptrend. 
DHANIYA (DECEMBER) TECHNICAL VIEW: 
TREND: MIXED TO BEARISH 
RESISTANCE 2: 8150, 
RESISTANCE 1: 8080, 
SUPPORT 1: 7930, 
SUPPORT 2: 7850. 
STRATEGY: SELL ON RISE  

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164 

Thursday, 1 December 2016

Soyabean likely to trade with upside bias; Sugar to remain stable


Turmeric futures (Dec) may trade with an upside bias & can test 7450 levels. The arrival of turmeric to Erode markets increased on Thursday. After a few months, the price of the spice touched Rs.9,000 a quintal yesterday and 1,300 bags arrived for sale and 80 per cent was sold. The price of the finger variety increased by Rs.200-400 a quintal and that of the root variety by Rs.50-200. At the Erode Turmeric Merchants Association, the finger turmeric traded at Rs.5,531-9,088 a quintal; the root variety Rs.5,314-8,008.

Jeera futures (Dec) is likely to trade in the range of 18350-18900 levels & the upside may remain capped with reports of higher sowing in Gujarat. Cumin sowing in the state as on November 23 reached at 9.91 lakh hectares, sharply up from 1.74 lakh hectares same period a year ago.

Coriander futures (Dec) might remain trapped in the range of 7870-8200 levels following bearish sentiments of dull demand in the spot markets. A bearish tone witnessed in coriander at the major markets of Rajasthan, whereas Guna market of Madhya Pradesh observed negligible trade amid no supply. Activity in spot markets of Rajasthan was mostly dull as liquidity crisis still persists with buyers.

Soybean futures (Dec) is expected to trade with an upside bias in the range of 3100-3140 levels. There are talks that India may receive export orders as disparity with Argentine soymeal has reduced to $1 from $2 in last one week. As per market source India has received 2.5 to 3 lakh tonnes of export orders of soymeal for November-December delivery. On CBOT, U.S. soybean futures finished down 2-1/2 cents at $10.29-3/4 a bushel. Soybeans sagged on expectations for a slowdown in export demand for U.S. supplies, along with generally favorable South American crop weather. Mustard futures (Dec) will possibly trade in the range of 4750-4850 levels. Demand of mustard oil is likely to improve in mid december as it is highly consumed during winter season. Mustard oil cake demand is still on higher side from cattle feed manufacturer and the availability of mustard oil cake is also less on limited crushing pushing the prices higher.

Refined soy oil futures (Jan) is likely to trade with an upside bias in the range of 728-735 levels, while CPO futures (Dec) may trade with an upside bias in the range of 553-560 levels. The outlook for soy oil is strong as stock at various ports were reported lower by 80,000 tonne on Nov 21 at 1.83 lakh tonne, against average of 2.62 lakh tonne since July. At the spot markets, edible oils continued their uptrend on renewed demand amid expectation of higher volumes. Weakness in the rupee continued to weigh as imports became costlier.

Sugar futures (Dec) may witness a consolidation in the range of 3430-3470 levels & remain stable tracking positive fundamentals of the sweetener on the overseas market. Sugar prices ruled unchanged on routine demand-supply. Vashi traders made limited fresh commitments as local demand eased due to shortage of currency notes. Naka and mill tender rates also remained flat. Freight rates were steady. Arrivals were at 55-57 truck loads and local dispatches were about 56-57 loads. Inventory at Vashi market remained stable at 105-110 truck loads.

Get real time advice from Our Best Advisory -  Capitalstars  

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: INA00000164 

Wednesday, 30 November 2016

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 01 DEC 2016


CS TURMERIC   (DECEMBER) OVERVIEW:
TREND  MIXED TO BULLISH
RESIST 2:7350
RESIST 1:7300         
SUP1:7210
SUP2:7170
STRATEGY:BUY ON DIPS

CS SOYABEAN (DECEMBER) OVERVIEW:
TREND   MIXED TO BULLISH
RESIST 2:3160
RESIST 1:3140
SUP1:3110
SUP2:3090
STRATEGY:BUY ON DIPS

CS GARUSEED  (DECEMBER) OVERVIEW:                          
TREND   MIXED TO BULLISH
RESIST 2:3410
RESIST 1:3380
SUP1: 3310
SUP2:3250
STRATEGY:BUY ON DIPS

CS DHANIYA (DECEMBER) OVERVIEW:
TREND  MIXED TO BEARISH
RESIST 2: 8280
RESIST 1: 8090             
SUP1:7780
SUP2:7650
STRATEGY:SELL ON RISE

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