Showing posts with label Turmeric Stock. Show all posts
Showing posts with label Turmeric Stock. Show all posts

Tuesday, 6 January 2015

FRESH BUYING SEEN IN TURMERIC, GAINS AT 9342

cs turmeric, Futures Trading Tips, free agri calls, Free Agri Tips, agri commdity tips, Turmeric Stock
  • Turmeric trading range for the day is 8498-9806.
  • Turmeric settled up by 2.75% at 9342 amid rising domestic as well as export demand in the spot market.
  • At Erode market estimated market supply was at 11000 quintals, higher by 1000 quintals from previous trading day.
  • At Nizamabad market reported arrivals at 1000 quintals, higher by 600 quintals as compared to previous day.
  • Technically market is under fresh buying as market has witnessed gain in open interest by 0.92% to settled at 26220.
  • Now Turmeric is getting support at 8920 and below same could see a test of 8498 level, and resistance is now likely to be seen at 9574, a move above could see prices testing 9806.
CS TURMERIC (APRIL) TRADING LEVEL:

TREND : MIXED TO BULLISH                 STRATEGY: BUY ON DIPS

RESIST 2:9810 || RESIST 1:9575               SUP1:8920 || SUP2:8500
   
      



Monday, 17 November 2014

Best Trading Tips of ref.Soya Oil,Turmeric,Chana

Ref.Soya oil Trading Tips:-
  • Ref. Soya oil trading range for the day is 582-592.
  • Ref soya oil prices dropped on profit booking after prices seen supported on speculation of Indian government's plan to hike import duty in oil.
  • India soybean oil imports more than doubled in October to 218,599 tons compared to 97,023 tons for the same period a year ago.
  • India's soya oil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
  • At the Indore spot market in Madhya Pradesh, soya oil was steady at 585 rupees per 10 kgs.
Turmeric Trading Tips:-
  • Turmeric trading range for the day is 6168-6456.
  • Turmeric ended with gains as support seen due to lower production possibilities and improved Export demand.
  • The total crop size of turmeric in Karnataka is estimated lower at 5 lakh bags from 7 lakh bags in 2013-14
  • NCDEX accredited warehouses turmeric stocks gained by 29 tonnes to 2110 tonnes.
  • In Nizamabad, a major spot market in AP, the price ended at 6206.25 rupees dropped -93.75 rupees.
Chana Trading Tips:-
  • Chana trading range for the day is 3156-3228.
  • Chana prices gained on account of increased demand from mills against restricted arrivals from the major producing belts.
  • Besides, hopes of lower output from the major producing belts too supported chana prices uptrend.
  • NCDEX accredited warehouses chana stocks gained by 699 tonnes to 19078 tonnes.
  • In Delhi spot market, chana gained  by 0.3 rupee to end at 3114.75 rupee per 100 kgs.