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

Monday, 18 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 19 SEP 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips,

Turmeric Oct futures slipped on Monday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -0.26% to 7610 level at NCDEX.  
Moderate firmness was noted for Turmeric as rise in demand in the mandis kept supporting prices ahead of the Festive season. Rise in export demand from the Gulf countries. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop. 
TURMERIC (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 7710 
RESISTANCE 1: 7660 
SUPPORT 1: 7560 
SUPPORT 2: 7520 
STRATEGY:  SELL ON RISE 

The NCDEX Soyabean Oct futures slipped by -0.64% in the last trading to close at 3084 level till Monday closing.  
Soybean ended on positive amid expectations of USDA to lower the Indian crop/US crop yields in its latest demand-supply report. Near term sentiments are positive while broader term outlook is weakening for soybean. Still few feel that an overall slower progress of the monsoon in Maharashtra, and unattractive prices last year might lower planting intentions of the growers. For the current month, October soybean has a strong psychological support of 302050. For the current month, October soybean has a strong psychological support of 3020-50. The recently released GOI data indicates lowering production prospects versus last year. Festive season demand is another supportive factor as of now. Therefore for remaining part of the year we expect prices to remain supported this month, but after September or October (when new season arrivals commence,) then futures prices will be reverse from the upward trend. 
SOYABEAN (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 3150 
RESISTANCE 1: 3115 
SUPPORT 1: 3060 
SUPPORT 2: 3040 
STRATEGY:  SELL ON RISE 

The NCDEX Guarseed Oct futures is dipped by -1.36% in the last trading to close at 3625 level till Monday closing.  
Guarseed/Guargum traded with high volatility as rise in export demand supported prices. Prospects of rains in Rajasthan could keep some short term pressure on market sentiments however. Overall fundamentals look firm with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks thedown moves meanwhile. As per reports from APEDA, improved export demand of guar in quantity and monitory terms has been noted. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: BEARISH 
RESISTANCE 2: 3780  
RESISTANCE 1: 3700 
SUPPORT 1: 3560 
SUPPORT 2: 3500 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Oct futures slipped by -0.04% in the last trading to close at 4745 level on Monday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market.   
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4830 
RESISTANCE 1: 4780 
SUPPORT 1:  4700 
SUPPORT 2: 4650 
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 

Sunday, 17 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 18 SEP 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips,


Turmeric Oct futures slipped on Friday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -0.18% to 7634 level at NCDEX.  
Moderate firmness was noted for Turmeric as rise in demand in the mandis kept supporting prices ahead of the Festive season. Rise in export demand from the Gulf countries. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop.  
TURMERIC (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 7780 
RESISTANCE 1: 7710 
SUPPORT 1: 7560 
SUPPORT 2: 7490 
STRATEGY:  BUY ON DIPS  

The NCDEX Soyabean Oct futures surged up by 0.32% in the last trading to close at 3106 level till Friday closing.  
Soybean ended on positive amid expectations of USDA to lower the Indian crop/US crop yields in its latest demand-supply report. Near term sentiments are positive while broader term outlook is weakening for soybean. Still few feel that an overall slower progress of the monsoon in Maharashtra, and unattractive prices last year might lower planting intentions of the growers. For the current month, October soybean has a strong psychological support of 302050. For the current month, October soybean has a strong psychological support of 3020-50. The recently released GOI data indicates lowering production prospects versus last year. Festive season demand is another supportive factor as of now. Therefore for remaining part of the year we expect prices to remain supported this month, but after September or October (when new season arrivals commence,) then futures prices will be reverse from the upward trend. 
SOYABEAN (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 3140 
RESISTANCE 1: 3120 
SUPPORT 1: 3090 
SUPPORT 2: 3070 
STRATEGY:  BUY ON DIPS 

The NCDEX Guarseed Oct futures is dipped by -1.47% in the last trading to close at 3687 level till Friday closing.  
Guarseed/Guargum traded with high volatility as rise in export demand supported prices. Prospects of rains in Rajasthan could keep some short term pressure on market sentiments however. Overall fundamentals look firm with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks thedown moves meanwhile. As per reports from APEDA, improved export demand of guar in quantity and monitory terms has been noted. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3770  
RESISTANCE 1: 3730 
SUPPORT 1: 3640 
SUPPORT 2: 3600 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Oct futures slipped by -1.66% in the last trading to close at 4735 level on Friday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market.  
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4890 
RESISTANCE 1: 4810 
SUPPORT 1:  4680 
SUPPORT 2: 4640 
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 

Friday, 15 September 2017

NCDEX allays jeera traders' fears of poor quality dispatch to warehouses

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The National Commodity & Derivatives Exchange (NCDEX) has issued a clarification saying 62 per cent of the total stock to the exchange-registered warehouses in Unjha, Gujarat, matched up to its quality standards after concerns were raised over the dispatch of sub-standard jeera by traders.

Citing incessant rainfall as the reason behind poor quality jeera, traders feared the delivery of sub-standard jeera stock in several warehouses.

Anticipating problems in the delivery and availability of the product, jeera prices hit a lifetime high in the benchmark spot Unjha market to trade at Rs 19,623 a quintal on July 31. This was, however, followed by a marginal decline in jeera prices to Rs 19,236 a quintal on Friday amid high volatility.
The exchange said that traders in the value chain tendered 2,347 tonnes of jeera for delivery in Unjha warehouses, of which around 1,471 tonnes were found to be in line with NCDEX's quality standard. Hence, the exchange accepted deposits of 1,471 tonnes of jeera in the warehouses registered with it since early August.
NCDEX said that the exchange has facilitated the availability of 3,670 tonnes of warehousing capacity for traders in Unjha markets and this, it says, would be more than enough to meet the needs of prospective depositors. For traders to avail this facility, the exchange has provided online warehouse reservation system to book space for deposits in a fair and transparent manner.

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 

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 15 SEP 2017

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Turmeric Oct futures surged up on Thursday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is increased by 0.05% to 7642 level at NCDEX.
Moderate firmness was noted for Turmeric as rise in demand in the mandis kept supporting prices ahead of the Festive season. Rise in export demand from the Gulf countries. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop.
TURMERIC (OCT) TECHNICAL VIEW:
TREND: SIDEWAYS 
RESISTANCE 2: 7730 
RESISTANCE 1: 7690 
SUPPORT 1: 7600 
SUPPORT 2: 7560 
STRATEGY:  BUY ON DIPS

The NCDEX Soyabean Oct futures dipped by -1.15% in the last trading to close at 3098 level till Thursday closing.
Soybean ended on positive amid expectations of USDA to lower the Indian crop/US crop yields in its latest demand-supply report. Near term sentiments are positive while broader term outlook is weakening for soybean. Still few feel that an overall slower progress of the monsoon in Maharashtra, and unattractive prices last year might lower planting intentions of the growers. For the current month, October soybean has a strong psychological support of 302050. For the current month, October soybean has a strong psychological support of 3020-50. The recently released GOI data indicates lowering production prospects versus last year. Festive season demand is another supportive factor as of now. Therefore for remaining part of the year we expect prices to remain supported this month, but after September or October (when new season arrivals commence,) then futures prices will be reverse from the upward trend.
SOYABEAN (OCT) TECHNICAL VIEW:
TREND: SIDEWAYS 
RESISTANCE 2: 3170 
RESISTANCE 1: 3130 
SUPPORT 1: 3070 
SUPPORT 2: 3050 
STRATEGY:  BUY ON DIPS

The NCDEX Guarseed Oct futures is dipped by -3.98% in the last trading to close at 3742 level till Thursday closing.
Guarseed/Guargum traded with high volatility as rise in export demand supported prices. Prospects of rains in Rajasthan could keep some short term pressure on market sentiments however. Overall fundamentals look firm with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks thedown moves meanwhile. As per reports from APEDA, improved export demand of guar in quantity and monitory terms has been noted.
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3940  
RESISTANCE 1: 3840 
SUPPORT 1: 3690 
SUPPORT 2: 3640 
STRATEGY:  SELL ON RISE

The NCDEX Dhaniya Oct futures slipped by -1.68% in the last trading to close at 4806 level on Thursday.
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market.  
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4990 
RESISTANCE 1: 4900 
SUPPORT 1:  4740 
SUPPORT 2: 4680 
STRATEGY: SELL ON RISE

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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 

Thursday, 14 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 14 SEP 2017

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Turmeric Oct futures dipped on Wednesday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -0.93% to 7646 level at NCDEX.
Moderate firmness was noted for Turmeric as rise in demand in the mandis kept supporting prices ahead of the Festive season. Rise in export demand from the Gulf countries. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop.
TURMERIC (OCT) TECHNICAL VIEW:
TREND: SIDEWAYS 
RESISTANCE 2: 7860 
RESISTANCE 1: 7750 
SUPPORT 1: 7570 
SUPPORT 2: 7490 
STRATEGY:  BUY ON DIPS

The NCDEX Soyabean Oct futures surged up by 0.67% in the last trading to close at 3140 level till Wednesday closing.
Soybean ended on positive amid expectations of USDA to lower the Indian crop/US crop yields in its latest demand-supply report. Near term sentiments are positive while broader term outlook is weakening for soybean. Still few feel that an overall slower progress of the monsoon in Maharashtra, and unattractive prices last year might lower planting intentions of the growers. For the current month, October soybean has a strong psychological support of 302050. For the current month, October soybean has a strong psychological support of 3020-50. The recently released GOI data indicates lowering production prospects versus last year. Festive season demand is another supportive factor as of now. Therefore for remaining part of the year we expect prices to remain supported this month, but after September or October (when new season arrivals commence,) then futures prices will be reverse from the upward trend.
SOYABEAN (OCT) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 3180 
RESISTANCE 1: 3160 
SUPPORT 1: 3120 
SUPPORT 2: 3090 
STRATEGY:  BUY ON DIPS

The NCDEX Guarseed Oct futures is flat by 0.00% in the last trading to close at 3873 level till Wednesday closing.
Guarseed/Guargum traded with high volatility as rise in export demand supported prices. Prospects of rains in Rajasthan could keep some short term pressure on market sentiments however. Overall fundamentals look firm with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks thedown moves meanwhile. As per reports from APEDA, improved export demand of guar in quantity and monitory terms has been noted.
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3980  
RESISTANCE 1: 3930 
SUPPORT 1: 3840 
SUPPORT 2: 3810 
STRATEGY:  SELL ON RISE

The NCDEX Dhaniya Oct futures surged up by 0.66% in the last trading to close at 4890 level on Wednesday.
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market.
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4990 
RESISTANCE 1: 4940 
SUPPORT 1:  4850 
SUPPORT 2: 4820 
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: INA000001647 

Wednesday, 13 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 13 SEP 2017

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Turmeric Oct futures surged up on Tuesday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is increased by 1.05% to 7730 level at NCDEX.  
Turmeric traded sideways with no strong report from mandis even as prices found some support at these lower levels. Demand failed to pick up at the higher levels as stocks remained moderately high. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop. Rains in TN will have negligible impact.  
TURMERIC (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 7880 
RESISTANCE 1: 7800 
SUPPORT 1: 7600 
SUPPORT 2: 7470 
STRATEGY:  BUY ON DIPS 

The NCDEX Soyabean Oct futures surged up by 0.23% in the last trading to close at 3118 level till Tuesday closing.  
Reports on higher possibility of crop damage in ground nut oilseed crop in Gujarat due to floods, slowing planting versus last year and positive tone in global oilseed markets had supported the market during greater part of August. However rains in growing areas of Rajasthan, MP and Maharashtra kept trend down for Soybean. With rains looming large even now, some more dips in prices is not ruled out. Reports of sufficient amount of inventory lying with stockists and a comfortable global supply situation keeps the upside limited from a broader perspective. Soybean found strong resistance above 3120 amid reports of good rains in soybean producing areas. Futures prices in coming weeks will depend largely on the yield prospects of the local and US crop.   
SOYABEAN (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 3150 
RESISTANCE 1: 3130 
SUPPORT 1: 3100 
SUPPORT 2: 3080 
STRATEGY:  SELL ON RISE 

The NCDEX Guarseed Oct futures slipped by -0.74% in the last trading to close at 3868 level till Tuesday closing.  
The recent rains in some areas in Rajasthan kept uptrend limited for Guar as profit booking at the higher levels too pressurized the market sentiments. Overall fundamentals look strong with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks the down moves meanwhile. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3920 
RESISTANCE 1: 3890 
SUPPORT 1: 3840 
SUPPORT 2: 3810 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Oct futures surged up by 0.35% in the last trading to close at 4858 level on Tuesday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market. 
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 5000 
RESISTANCE 1: 4930 
SUPPORT 1:  4800 
SUPPORT 2: 4750 
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: INA000001647 

Tuesday, 12 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 12 SEP 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips,

Turmeric Oct futures slipped on Monday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -0.96% to 7652 level at NCDEX.  
Turmeric traded sideways with no strong report from mandis even as prices found some support at these lower levels. Demand failed to pick up at the higher levels as stocks remained moderately high. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop. Rains in TN will have negligible impact. 
TURMERIC (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 7770 
RESISTANCE 1: 7700
SUPPORT 1: 7600 
SUPPORT 2: 7550 
STRATEGY:  BUY ON DIPS 

The NCDEX Soyabean Oct futures surged up by 0.23% in the last trading to close at 3104 level till Monday closing.  
Reports on higher possibility of crop damage in ground nut oilseed crop in Gujarat due to floods, slowing planting versus last year and positive tone in global oilseed markets had supported the market during greater part of August. However rains in growing areas of Rajasthan, MP and Maharashtra kept trend down for Soybean. With rains looming large even now, some more dips in prices is not ruled out. Reports of sufficient amount of inventory lying with stockists and a comfortable global supply situation keeps the upside limited from a broader perspective. Soybean found strong resistance above 3120 amid reports of good rains in soybean producing areas. Futures prices in coming weeks will depend largely on the yield prospects of the local and US crop.   
SOYABEAN (OCT) TECHNICAL VIEW: 
TREND: SIDEWAYS 
RESISTANCE 2: 3140 
RESISTANCE 1: 3120 
SUPPORT 1: 3080 
SUPPORT 2: 3060 
STRATEGY:  SELL ON RISE 

The NCDEX Guarseed Oct futures surged up by 0.18% in the last trading to close at 3883 level till Monday closing.  
The recent rains in some areas in Rajasthan kept uptrend limited for Guar as profit booking at the higher levels too pressurized the market sentiments. Overall fundamentals look strong with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks the down moves meanwhile. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3980 
RESISTANCE 1: 3930 
SUPPORT 1: 3830 
SUPPORT 2: 3780 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Oct futures slipped by -1.10% in the last trading to close at 4839 level on Monday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market.  
DHANIYA (OCT) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4980 
RESISTANCE 1: 4900 
SUPPORT 1:  4790 
SUPPORT 2: 4750 
STRATEGY: SELL ON RISE 

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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, 11 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 11 SEP 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips,

Turmeric Sep futures slipped on Friday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -0.57% to 7638 level at NCDEX.
Turmeric traded sideways with no strong report from mandis even as prices found some support at these lower levels. Demand failed to pick up at the higher levels as stocks remained moderately high. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop. Rains in TN will have negligible impact.
TURMERIC (SEP) TECHNICAL VIEW:
TREND: SIDEWAYS 
RESISTANCE 2: 7820 
RESISTANCE 1: 7730 
SUPPORT 1: 7570 
SUPPORT 2: 7520 
STRATEGY:  BUY ON DIPS

The NCDEX Soyabean Oct futures surged up by 0.52% in the last trading to close at 3099 level till Friday closing.
Reports on higher possibility of crop damage in ground nut oilseed crop in Gujarat due to floods, slowing planting versus last year and positive tone in global oilseed markets had supported the market during greater part of August. However rains in growing areas of Rajasthan, MP and Maharashtra kept trend down for Soybean. With rains looming large even now, some more dips in prices is not ruled out. Reports of sufficient amount of inventory lying with stockists and a comfortable global supply situation keeps the upside limited from a broader perspective. Soybean found strong resistance above 3120 amid reports of good rains in soybean producing areas. Futures prices in coming weeks will depend largely on the yield prospects of the local and US crop.
SOYABEAN (OCT) TECHNICAL VIEW:
TREND: SIDEWAYS 
RESISTANCE 2: 3150 
RESISTANCE 1: 3120 
SUPPORT 1: 3070 
SUPPORT 2: 3050 
STRATEGY:  SELL ON RISE 

The NCDEX Guarseed Oct futures surged up by 1.82% in the last trading to close at 3863 level till Friday closing.  
The recent rains in some areas in Rajasthan kept uptrend limited for Guar as profit booking at the higher levels too pressurized the market sentiments. Overall fundamentals look strong with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks the down moves meanwhile. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: SIDEWAYS 
RESISTANCE 2: 3960 
RESISTANCE 1: 3910 
SUPPORT 1: 3800 
SUPPORT 2: 3750 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Sep futures slipped by -2.93% in the last trading to close at 4586 level on Friday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market. 
DHANIYA (SEP) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4780 
RESISTANCE 1: 4680 
SUPPORT 1:  4530 
SUPPORT 2: 4490 
STRATEGY: SELL ON RISE 

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Wednesday, 6 September 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 07 SEP 2017

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Turmeric Sep futures slipped on Wednesday (5:00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric is decreased by -1.65% to 7640 level at NCDEX.  
Turmeric traded sideways with no strong report from mandis even as prices found some support at these lower levels. Demand failed to pick up at the higher levels as stocks remained moderately high. Latest reports from Erode in Tamil Nadu indicate a drastic fall in sowing in those regions due to a drought like situation this year. As per trader estimates, the production this year 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. However, rains at this time would be critical for the crop in Maharashtra, while excess rains will be harmful for AP crop. Rains in TN will have negligible impact. 
TURMERIC (SEP) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2: 7870 
RESISTANCE 1: 7750 
SUPPORT 1: 7570 
SUPPORT 2: 7510 
STRATEGY:  BUY ON DIPS 

The NCDEX Soyabean Oct futures dipped by -1.28% in the last trading to close at 3084 level till Wednesday closing.  
Reports on higher possibility of crop damage in ground nut oilseed crop in Gujarat due to floods, slowing planting versus last year and positive tone in global oilseed markets had supported the market during greater part of August. However rains in growing areas of Rajasthan, MP and Maharashtra kept trend down for Soybean. With rains looming large even now, some more dips in prices is not ruled out. Reports of sufficient amount of inventory lying with stockists and a comfortable global supply situation keeps the upside limited from a broader perspective. Soybean found strong resistance above 3120 amid reports of good rains in soybean producing areas. Futures prices in coming weeks will depend largely on the yield prospects of the local and US crop. 
SOYABEAN (OCT) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 3180 
RESISTANCE 1: 3130 
SUPPORT 1: 3050 
SUPPORT 2: 3030 
STRATEGY:  SELL ON RISE 

The NCDEX Guarseed Oct futures surged up by 2.27% in the last trading to close at 3827 level till Wednesday closing.  
The recent rains in some areas in Rajasthan kept uptrend limited for Guar as profit booking at the higher levels too pressurized the market sentiments. Overall fundamentals look strong with rising export demand amidst concerns on the production front from the recent crop losses from excess rains in Rajasthan a few weeks back. Low stocks too supported prices as markets shot up. Increased exports of guar gum during last year have been encouraging due to increasing rig count in US. Good export demand checks the down moves meanwhile. 
GUARSEED (OCT) TECHNICAL VIEW:  
TREND: BEARISH 
RESISTANCE 2: 3890  
RESISTANCE 1: 3860 
SUPPORT 1: 3770 
SUPPORT 2: 3710 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya Sep futures surged up by 0.33% in the last trading to close at 4795 level on Wednesday.  
Lack of buying activities due to heavy rainfall led to further decline in spot price. Arrivals of 3000 bags have been witnessed in Kota market. No change has been observed compared to previous day. Arrivals in Guna market (MP) have also been steady at 3000 bags. Smaller market like Ramganj has also observed lower arrivals of 1000 bags to a total of 5000 bags. Also during this week, arrivals in Gondal market have been in a steady range of 4000-5000 bags. Higher supply and weak domestic demand is expected to bring further decline in spot price for the day. There may be higher moisture content in coriander stocks due to heavy rain fall in Gujarat and Rajasthan. But overall trend is still bearish in the market. 
DHANIYA (SEP) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 4890 
RESISTANCE 1: 4840 
SUPPORT 1:  4740 
SUPPORT 2: 4680 
STRATEGY: SELL ON RISE

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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