Showing posts with label NCDEX RM seed. Show all posts
Showing posts with label NCDEX RM seed. Show all posts

Tuesday, 17 February 2015

RM SEED RISEN ON SHORT COVERING ,OPEN INTEREST 7.2 %

Agri Commodity Tips, Free Agri Tips, Agri Tips, NCDEX RM seed
NCDEX Mustard Seed settled up by 1.74% at 3400 on supply worries following weak sowing data. The rains in growing states last month are reportedly good for the standing crop. India's rabi crop sowing contracted to 61.57 million hectare until Feb 13 from 65.68 million hectare a year showing a decline of 6%, agriculture ministry data showed. Oilseeds acreage was down at 8.1 million hectare as against 9.02 million hectare as farmers planted less mustard seed due to moisture stress in Rajasthan and Madhya Pradesh, two major mustard producing states.
In the Alwar spot market in Rajasthan the price gained 89.85 rupee to 3650.55 rupees per 100kgs.
Technically market is under short covering as market has witnessed drop in open interest by -7.2% to settled at 44480 while prices up 58 rupee, now Rm seed is getting support at 3367 and below same could see a test of 3333 level, and resistance is now likely to be seen at 3421, a move above could see prices testing 3441.

Saturday, 3 January 2015

AGRI CALLS PERFORMANCE FOR 02 JAN 2015

Bullion intraday, agri intraday, agri premium, Free Agri Tips, free agri calls, NCDEX Turmeric, Jeera NCDEX, NCDEX RM seed

BULLION  INTRADAY:
SILVER MARCH SELL CALL: 2ND TG ACHIEVED.
CRUDE OIL JAN SELL CALL: 2ND TG ACHIEVED.
COPPER FEB SELL CALL: 1ST TG ACHIEVED.

AGRI  INTRADAY:
JEERA  JAN SELL CALL :             3RD   TG ACHIEVED
RMSEED  JAN SELL  CALL :        1ST TG ACHIEVED
TURMERIC APRIL SELL CALL :  COST EXIT (9450)
                                  
AGRI PREMIUM
                                                                                                                                  


Monday, 15 December 2014

NCDEX RM SEED MARKET UNDER LONG LIQUIDATION

NCDEX RM seed,agri commodity tips,free agri tips,free agri calls, Delivery calls , Best Trading Tips

  • Rmseed settled down -0.3% at 4046 due to weakness in spot demand amid profit booking. However downside seen limited on higher demand and weak sowing data.
  • Technically market is under long liquidation as market has witnessed drop in open interest by -9.19% to settled at 27060 while prices down -12 rupee, now Rmseed is getting support at 4004 and below same could see a test of 3963 level, and resistance is now likely to be seen at 4081, a move above could see prices testing 4117.
Trading Tips
Rmseed trading range for the day is 3963-4117.
NCDEX accredited warehouses mustard seed stocks gained by 737 tonnes to 5758 tonnes.
In the Alwar spot market in Rajasthan the price dropped -38.6 rupee to 4112.15 rupees per 20kgs.

RM SEED (JAN) OVERVIEW:
TREND :Side way
CL- 4046
S1- 3963
R1/R2/R3 - 4040/4081/4117
pivot point - 4004