Showing posts with label MCX Tips Services. Show all posts
Showing posts with label MCX Tips Services. Show all posts

Sunday, 14 January 2018

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 15 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,

The NCDEX Turmeric Apr futures is surged up by 0.63% in the last trading to close at 7620 level till Friday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: SIDEWAYS
RESISTANCE 2: 7770
RESISTANCE 1: 7700
SUPPORT 1: 7570
SUPPORT 2: 7520
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures slipped by -0.59% in the last trading to close at 3213 level till Friday closing. Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 3240
RESISTANCE 1: 3225
SUPPORT 1 : 3200
SUPPORT 2: 3190
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 0.16% in the last trading to close at 4300 level till Friday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4370
RESISTANCE 1: 4330
SUPPORT 1: 4270
SUPPORT 2 : 4240
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures surged up by 2.00% in the last trading to close at 21455 level on Friday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: SIDEWAYS
RESISTANCE 2: 21700
RESISTANCE 1: 21580
SUPPORT 1: 21200
SUPPORT 2: 20950
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 FREE AGRI COMMODITY MARKET NEWS & UPDATES - 15 JAN 2018

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

Menthaoil
Menthaoil on MCX settled down -0.76% at 1657.4 on profit booking amid easing demand in the spot market. Besides, ample stocks on higher supplies from major producing belts of Chandausi in Uttar Pradesh too influenced mentha oil prices. As per the sources domestic demand has slightly improved from the major domestic consuming industries.
Stock positions of mentha in MCX accredited warehouses were around 6102 drums which is 96 drums less in comparison to previous day, while in process were 24 drums which is same against the previous day. According to the sources, there has been decline in demand of mentha from local consuming industries as well as stockiest which is creating pressure to the mentha prices.
Also in recent days arrivals has increased which is limiting the upside movement of the prices. As per sources, India contributes around 80% to the total global mentha oil production. Total global production stood at around 48,000 tonnes, out of which India produces between 30,000-40,000 tonnes. According to estimates, mentha oil production in India for crop year 2016-17 will be around 38,000 tonnes. As per the data, the global demand of essential oil will increase in the coming years.
Technically market is under long liquidation as market has witnessed drop in open interest by -1.89% to settled at 1665 while prices down -12.7 rupees, now Menthaoil is getting support at 1633.6 and below same could see a test of 1609.8 level, And resistance is now likely to be seen at 1675.6, a move above could see prices testing 1693.8.
Soyabean   
Soyabean on NCDEX settled down -0.89% at 3238 on profit booking tracking weakness in spot demand after prices seen support amid supplies have been diminishing slowly in the physical market. Prices also seen under pressure from expectations that the US Department of Agriculture will later report bigger US stockpiles, pushing the oilseed to its biggest weekly fall in a month.
However, some losses were capped on the reports that the inventories are lower compared to last year and supplies have been diminishing slowly in the physical market. Brazilian soybean production in the 2017/18 crop cycle is expected to reach 114 million tonnes, consultancy AgRural said, citing an increase in planted area.
In a December forecast, AgRural had said production would reach 112.9 million tonnes. Last season, Brazil produced a record high 114.1 million tonnes. Chinese imports of soybeans jumped to the second-highest volume on record in December, according to data, boosted by strong demand in the run-up to next month's Lunar New Year holiday.
December imports by the world's top soy buyer came in at 9.55 million tonnes, up 10 percent from the month before and up 6 percent from December, 2016, according to calculations based on annual data released by the General Administration of Customs.
Ref soyoil
Ref soyoil ended with losses due to higher stocks in the country and sufficient stocks in the pipeline amid improved domestic crushing and higher imports. India's vegoil imports in December fell 10 percent to 1.1 million tonnes from a year ago, a trade body said. The country's imports of palm oil in December stood at 722,857 tonnes, while soyoil imports were 79,250 tonnes, the Solvent Extractors' Association of India said in a statement.
Moreover, government has slashed the base import price of all edible oils. For soy soil the base import prices were cut by $19 per ton to $813 for the first fortnight of Jan 2018. The government revises base import prices every fortnight based on global prices and changes in foreign exchange rate. Prices were last revised on Dec 30.
According to data released by the Solvent Extractors' Association (SEA), India vegetable oil imports rose around 6% on year to 12.5 lakh tonnes in November. Soyoil imports surged by 66.7% in November to 2.74 lt compared to 1.64 lt last year. India's oilmeal exports dropped by 22% compared to same period a year ago on higher prices amid lower number of export dates, provisional data released by Solvent Extractors Association of India (SEA) showed. India's total oilmeal exports during December provisionally reported at 236,000 tons compared to 301,556 tons in the same period a year ago.
Technically market is under long liquidation as market has witnessed drop in open interest by -3.26% to settled at 34130 while prices down -0.65 rupees, now Ref.Soya oil is getting support at 738 and below same could see a test of 736 level, And resistance is now likely to be seen at 742, a move above could see prices testing 744.          
Turmeric         
Turmeric on NCDEX settled up 0.87% at 7638 tracking firmness in spot demand owing to lower stocks in the market. The supplies from the new season turmeric have been lower during first 10 days of Jan at 4,118 tonnes compared to 5,527 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.
New crop would commence by the end of month and expectations of selling by the AP Markfed. AP Markfed had purchased nearly 48,500 ton turmeric under market intervention scheme. Standing turmeric crop is mostly in its vegetative to development stage across major growing states. As per preliminary estimates, output in the season is expected to decline slightly due to lower sowing.
Arrivals of new crop generally start in December and picks up in January-February. Spot turmeric prices decreased at Erode markets due to slack demand from upcountry buyers. Around 5,000 bags arrived for sale and the buyers purchased all the 600 bags of good quality turmeric and purchased 2,500 and odd bags of medium quality.
The best quality finger variety went for Rs8,400 a quintal in all the markets and the root variety at Rs7,800. At the Erode Turmeric Merchants Association, the finger turmeric fetched Rs5,555-8,539 a quintal; root variety Rs5,209-7,803. Of the arrival of 3,574 bags, 1,339 were traded.
Technically market is under fresh buying as market has witnessed gain in open interest by 1.86% to settled at 10120 while prices up 66 rupees, now Turmeric is getting support at 7585 and below same could see a test of 7531 level, And resistance is now likely to be seen at 7707, a move above could see prices testing 7775.      
 Jeera  
Jeera prices traded in range amid reports of scattered new crop supplies in the markets of Gujarat and weak demand. Few bags of new crop jeera have been started arriving in Unjha market of Gujarat. Pressure also seen on prices amid lower demand in local mandis in anticipation oversupply woes following increased acreages.
Jeera sowing in Gujarat jumped to 382,600 hectare from 286,030 hectare a year ago. Sowing in Rajasthan, the other jeera sowing state, also spurted to 70,765 hectare until Jan 1 from 38,000 hectare a year ago. There is an expectation that 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 9-Jan-18. Last year, it was 2.88 lakh ha at that same time.
Jeera arrivals during first 10 days of Jan 18 Dec were down to 879.5 tonnes on year compared to 3,944 tonnes due to tight supplies and lower stocks with the stockists. 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.
Technically market is under fresh selling as market has witnessed gain in open interest by 2.13% to settled at 8496 while prices down -25 rupees, now Jeera is getting support at 16818 and below same could see a test of 16747 level, And resistance is now likely to be seen at 16953, a move above could see prices testing 17017.


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, 11 January 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 12 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips, Pulses,
The NCDEX Turmeric Apr futures is surged up by 0.66% in the last trading to close at 7580 level till Thursday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7680
RESISTANCE 1: 7630
SUPPORT 1: 7510
SUPPORT 2: 7450
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures slipped by -0.34% in the last trading to close at 3235 level till Thursday closing. Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 3560
RESISTANCE 1: 3240
SUPPORT 1 : 3220
SUPPORT 2: 3210
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is slipped by -1.83% in the last trading to close at 4292 level till Thursday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4470
RESISTANCE 1: 4380
SUPPORT 1: 4230
SUPPORT 2 : 4150
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -0.09% in the last trading to close at 21050 level on Thursday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 21300
RESISTANCE 1: 21180
SUPPORT 1: 20900
SUPPORT 2: 20800
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, 10 January 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 11 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips, Pulses,
The NCDEX Turmeric Apr futures is surged up by 0.56% in the last trading to close at 7550 level till Wednesday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7660
RESISTANCE 1: 7600
SUPPORT 1: 7430
SUPPORT 2: 7320
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures surged up by 1.15% in the last trading to close at 3241 level till Wednesday closing. Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 3300
RESISTANCE 1: 3270
SUPPORT 1 : 3200
SUPPORT 2: 3170
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 1.76% in the last trading to close at 4370 level till Wednesday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4450
RESISTANCE 1: 4400
SUPPORT 1: 4320
SUPPORT 2 : 4260
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -0.78% in the last trading to close at 21050 level on Wednesday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 21760
RESISTANCE 1: 21400
SUPPORT 1: 20830
SUPPORT 2: 20600
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 FREE AGRI COMMODITY MARKET NEWS & LEVELS - 10 JAN 2018

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

The NCDEX Turmeric Apr futures is slipped by -1.55% in the last trading to close at 7492 level till Tuesday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 7760
RESISTANCE 1: 7720 
SUPPORT 1: 7420
SUPPORT 2: 7350 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures slipped by by -0.40% in the last trading to close at 3202 level till Tuesday closing. Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 3240
RESISTANCE 1: 3220 
SUPPORT 1 : 3185
SUPPORT 2: 3170 
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is slipped by by -0.66% in the last trading to close at 4282 level till Tuesday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 4350
RESISTANCE 1: 4320 
SUPPORT 1: 4260
SUPPORT 2 : 4240 
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures surged up by 1.28% in the last trading to close at 21285 level on Tuesday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 21500
RESISTANCE 1: 21400 
SUPPORT 1: 21080
SUPPORT 2: 20860 
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, 8 January 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 09 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips, Pulses,
The NCDEX Turmeric Apr futures is surged up by 0.93% in the last trading to close at 7610 level till Monday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 7910
RESISTANCE 1: 7760 
SUPPORT 1: 7470
SUPPORT 2: 7340 
STRATEGY: SELL ON RISE

Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 3260
RESISTANCE 1: 3240 
SUPPORT 1 : 3180
SUPPORT 2: 3150 
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 1.17% in the last trading to close at 4310 level till Monday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 4410
RESISTANCE 1: 4360 
SUPPORT 1: 4250
SUPPORT 2 : 4190 
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -0.07% in the last trading to close at 21000 level on Monday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 21250
RESISTANCE 1: 21120 
SUPPORT 1: 20830
SUPPORT 2: 20650 
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 FREE AGRI COMMODITY MARKET NEWS & LEVELS - 08 JAN 2018

.Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, mentha oil tips, Pulses,
The NCDEX Turmeric Apr futures is flat by 0.00% in the last trading to close at 7550 level till Friday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric kept trading weak owing to lack of strong export demand in the mandis as prices faced strong Resistance near the 8000 mark. Reports of lower sowing prospects can support turmeric prices in coming sessions. Reports from Erode 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.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH  
RESISTANCE 2: 7660
RESISTANCE 1: 7600 
SUPPORT 1: 7470
SUPPORT 2: 7400 
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures surged up by 1.18% in the last trading to close at 3166 level till Friday closing. Soybean ended the session with moderate gains. With the recent hike in import duty, any fall will be short lived now. Currently prices are low enough to encourage buying from the solvent plants. The arrivals pace shall be dropping in coming weeks in the US and India. Therefore with prices still perceived cheaper, buyers will be showing interest in stocking soybean from physical markets at every moderate price fall. NCDEX February soybean in this week might trade between 3120- 3220 levels. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the latest USDA report, inventories or end stocks of US soybean might total 445 million bushels at the end of the marketing year, above last month’s forecast for 425 million bushels. The USDA also lowered its outlook for soybean exports by 25 million bushels due to weak demand so far this year.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 3190
RESISTANCE 1: 3170 
SUPPORT 1 : 3140
SUPPORT 2: 3120 
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 1.59% in the last trading to close at 4254 level till Friday closing. Guar prices found some immediate support at these lower levels as traders anticipate the exports to pick up from next week onwards. Trading activities remained low in mandis. In near tem, strong spot/ export demand and improving bullish outlook in Crude oil will be the key bullish drivers. Upward trend is expected in medium term also because of rising export demand and 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.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH 
RESISTANCE 2: 4360
RESISTANCE 1: 4300 
SUPPORT 1: 4180
SUPPORT 2 : 4100 
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -1.09% in the last trading to close at 20920 level on Friday. Slight weak sentiments prevailed for Jeera as closure of many International mandis kept trading activities on the lower side. Traders anticipate however the export demand to start rising from next week onwards. In coming sessions any adverse weather conditions in Gujarat/ Rajasthan may cause prices to recover from these levels. Rains are beneficial for the crop growth. A cooler weather would also be beneficial for the crop. Even as sowing is expected to be on the higher side 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.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH 
RESISTANCE 2: 21350
RESISTANCE 1: 21150 
SUPPORT 1: 20800
SUPPORT 2: 20700 
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

Thursday, 4 January 2018

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

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The NCDEX Turmeric Apr futures slipped by -0.53% in the last trading to close at 7554 level till Thursday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric on NCDEX settled up by 1.2% at 7938 amid firm physical demand and expectation of improved up-country demand from the new season kept spot high. Moreover, reports on low acreage for turmeric cultivation also boosted the uptrend. The supplies have improved during last one month due to government auctions and lower exports data. The export of turmeric is down by 15.2% to 56,900 tonnes for the first 6 month of FY 2017/18 compared to last years’ exports. The arrivals have been higher during first 15 days in December this year to 15,021 tonnes compared to 7,877 tonnes last year same month according to data.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7740
RESISTANCE 1: 7650
SUPPORT 1: 7480
SUPPORT 2: 7410
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures surged up by 1.23% in the last trading to close at 3135 level till Thursday closing. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the notification the duty on soya bean has been increased to 45 per cent from 30 per cent. Since prices of all oilseeds had gone below the MSP and there was a sense of deep distress and despondency in the minds of farmers, this move by the government has been welcomed by oilseed industry. Soybean is sometimes imported, although at nominal quantity hence rise in import duty will be seen as beneficial in enabling farmers increasing their income. December soybean is likely to trade with upward bias this week, and between 2975-3075 levels. Harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside so far, but now there is parity in exporting Indian soymeal while harvestseason is coming to end hence not much downside expected now.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 3180
RESISTANCE 1: 3150
SUPPORT 1 : 3100
SUPPORT 2: 3080
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 1.05% in the last trading to close at 4181 level till Thursday closing. After the recent dips in prices, markets shot up again for Guar as it again neared the psychological 9000 mark. Firmness in Crude oil rates supported market sentiments for the counter as exports remained firm ahead of new year holidays. Fundamentals remained strong hence downside was capped. Rising export demand and concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back, will be supporting guar in coming months. Lowering inventories too are bullish factors. The new crop arrivals shall continue in mandis for few more weeks and that might cap the upside. But with prices turning significantly cheap and export demand prospects improving, smart upside rallies are expected in near term.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4240
RESISTANCE 1: 4210
SUPPORT 1: 4160
SUPPORT 2 : 4140
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -1.03% in the last trading to close at 21140 level on Thursday. Jeera on NCDEX settled up by 2.31% at 21675 amid increased demand from domestic and overseas market. However, reports on good sowing progress in major producing areas and low demand in spot markets capped further gains. Jeera sowing in Gujarat jumped to 348,100 hectare from 256,000 hectares a year ago and traders are hoping further increase in area as ruling prices are attractive and weather in favourable. Weather conditions are good in Gujarat and Rajasthan which is expected to increase sowing of jeera by the end of this week. India's 2016-17 cumin output fell to 489,000 ton from 503,000 ton a year ago and as a result stocks with traders and farmers are stated to lower. Apprehensions of drop in supplies in the days may support prices to trade higher. India jeera is stated to cheaper as compared to that of Syria and Turkey in global markets and is in good demand.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 21770
RESISTANCE 1: 21450
SUPPORT 1: 20930
SUPPORT 2: 20710
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, 3 January 2018

CAPITALSTARS FREE AGRI COMMODITY MARKET NEWS & LEVELS - 04 JAN 2018

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The NCDEX Turmeric Apr futures slipped by -1.25% in the last trading to close at 7600 level till Wednesday closing at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric on NCDEX settled up by 1.2% at 7938 amid firm physical demand and expectation of improved up-country demand from the new season kept spot high. Moreover, reports on low acreage for turmeric cultivation also boosted the uptrend. The supplies have improved during last one month due to government auctions and lower exports data. The export of turmeric is down by 15.2% to 56,900 tonnes for the first 6 month of FY 2017/18 compared to last years’ exports. The arrivals have been higher during first 15 days in December this year to 15,021 tonnes compared to 7,877 tonnes last year same month according to data.
TURMERIC (APR) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 7820
RESISTANCE 1: 7710
SUPPORT 1: 7530
SUPPORT 2: 7470
STRATEGY: SELL ON RISE

The NCDEX Soyabean Jan futures surged up by 0.65% in the last trading to close at 3098 level till Wednesday closing. Tone remains positive in soybean due to the recent hike in import duty of edible oils and soybean. As stated in the notification the duty on soya bean has been increased to 45 per cent from 30 per cent. Since prices of all oilseeds had gone below the MSP and there was a sense of deep distress and despondency in the minds of farmers, this move by the government has been welcomed by oilseed industry. Soybean is sometimes imported, although at nominal quantity hence rise in import duty will be seen as beneficial in enabling farmers increasing their income. December soybean is likely to trade with upward bias this week, and between 2975-3075 levels. Harvest season, subdued export demand for soymeal and estimations of sufficient amount of inventory lying with stockists had been capping the upside so far, but now there is parity in exporting Indian soymeal while harvestseason is coming to end hence not much downside expected now.
SOYABEAN (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 3120
RESISTANCE 1: 3110
SUPPORT 1 :3080
SUPPORT 2:3060
STRATEGY: BUY ON DIPS

The NCDEX Guarseed Jan futures is surged up by 0.76% in the last trading to close at 4153 level till Wednesday closing. After the recent dips in prices, markets shot up again for Guar as it again neared the psychological 9000 mark. Firmness in Crude oil rates supported market sentiments for the counter as exports remained firm ahead of new year holidays. Fundamentals remained strong hence downside was capped. Rising export demand and concerns on production front from recent crop losses, due to excess rains in Rajasthan, just few months back, will be supporting guar in coming months. Lowering inventories too are bullish factors. The new crop arrivals shall continue in mandis for few more weeks and that might cap the upside. But with prices turning significantly cheap and export demand prospects improving, smart upside rallies are expected in near term.
GUARSEED (JAN) TECHNICAL VIEW:
TREND: BULLISH
RESISTANCE 2: 4190
RESISTANCE 1: 4170
SUPPORT 1: 4120
SUPPORT 2 :4090
STRATEGY: BUY ON DIPS

The NCDEX Jeera Jan futures slipped by -0.56% in the last trading to close at 21375 level on Wednesday. Jeera on NCDEX settled up by 2.31% at 21675 amid increased demand from domestic and overseas market. However, reports on good sowing progress in major producing areas and low demand in spot markets capped further gains. Jeera sowing in Gujarat jumped to 348,100 hectare from 256,000 hectares a year ago and traders are hoping further increase in area as ruling prices are attractive and weather in favourable. Weather conditions are good in Gujarat and Rajasthan which is expected to increase sowing of jeera by the end of this week. India's 2016-17 cumin output fell to 489,000 ton from 503,000 ton a year ago and as a result stocks with traders and farmers are stated to lower. Apprehensions of drop in supplies in the days may support prices to trade higher. India jeera is stated to cheaper as compared to that of Syria and Turkey in global markets and is in good demand.
JEERA (JAN) TECHNICAL VIEW:
TREND: BEARISH
RESISTANCE 2: 21600
RESISTANCE 1: 21500
SUPPORT 1: 21300
SUPPORT 2: 21200
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