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

Thursday, 4 May 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 05 MAY 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Thursday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -2.29% to 5456 level at NCDEX. Trend remained weak for Turmeric even as prices found very strong support at the psychological 6000 mark. Lack of demand on the domestic (from North India) and export front amidst favorable Monsoon report ensured prices did not recover much even as it traded near the psychological support of 6000. Reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana have been noted.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 5600, 
RESISTANCE 1: 5500, 
SUPPORT 1: 5300, 
SUPPORT 2: 5200. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures surged up by 1.13% in the last trading to close at 2873 level till Thursday closing. Soybean failed to sustain at higher levels as buying interest stood lower against weakening trend in US soybean. However medium term fundamentals remains strong due to falling stocks, lesser arrivals and stable demand, hence soybean shall tend to recover in coming sessions. The April month’s USDA supply and demand report of oilseed complex was released last week and although the report was bearish, the projections were already factored in by the hedge funds.
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:2920, 
RESISTANCE 1:2900, 
SUPPORT 1: 2850, 
SUPPORT 2: 2820. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Positive note increased demand on Thursday (5.00PM). Gaurseed May contract gained 0.73% to 3710 levels. Favorable Monsoon reports amidst possibilities of its arrival before time are keeping sentiments weak for Guar. Its impact is likely to be temporary—but if monsoon arrives before time, then some more dips can be possible. Reports of lower production are likely to support prices. As per latest Rajasthan Agricultural dept report, production there is expected to fall to 14.04 lakh tons vs 22.23 lakh tons previous year. The sowing area has fallen to 35 lakh ha due to low rates seen over last 2-3 years.
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 3820, 
RESISTANCE 1:3750, 
SUPPORT 1: 3650, 
SUPPORT 2: 3600. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -4.00% in the last trading to close at 5860 level on Thursday. after a one-sided increase in the beginning of apl, there is a huge decline in the coriander's market. on the commodity exchange NCDEX the price of coriander has dropped has by around 1,500 RPs in a month. in the beginning of April, coriander price for near future trading on NCDEX 7900 per quintal, but now the price has come down to RS 6450. in march , the price of coriander touched a low of RS 6410. Which was lowest price in about 13 months. there has been pressure of coriander due year ending stock and week export demand. however this year's production is being reported less last year. Price have not able to keep pace with heavy stock.
DHANIYA (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6000, 
RESISTANCE 1: 5900, 
SUPPORT 1: 5600, 
SUPPORT 2: 5500. 
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, 3 May 2017

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 04 MAY 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Wednesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -4.00% to 5584 level at NCDEX. Trend remained weak for Turmeric even as prices found very strong support at the psychological 6000 mark. Lack of demand on the domestic (from North India) and export front amidst favorable Monsoon report ensured prices did not recover much even as it traded near the psychological support of 6000. Reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana have been noted.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 5800, 
RESISTANCE 1: 5700, 
SUPPORT 1: 5400, 
SUPPORT 2: 5350. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures slipped by -2.07% in the last trading to close at 2833 level till Wednesday closing. Soybean failed to sustain at higher levels as buying interest stood lower against weakening trend in US soybean. However medium term fundamentals remains strong due to falling stocks, lesser arrivals and stable demand, hence soybean shall tend to recover in coming sessions. The April month’s USDA supply and demand report of oilseed complex was released last week and although the report was bearish, the projections were already factored in by the hedge funds.
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:2900, 
RESISTANCE 1:2880, 
SUPPORT 1: 2820, 
SUPPORT 2: 2800. 
STRATEGY: SELL ON RISE 

Guarseed futures traded on a Negative note decreased demand on Wednesday (5.00PM). Gaurseed May contract lost -2.32% to 3670 levels. Favorable Monsoon reports amidst possibilities of its arrival before time are keeping sentiments weak for Guar. Its impact is likely to be temporary—but if monsoon arrives before time, then some more dips can be possible. Reports of lower production are likely to support prices. As per latest Rajasthan Agricultural dept report, production there is expected to fall to 14.04 lakh tons vs 22.23 lakh tons previous year. The sowing area has fallen to 35 lakh ha due to low rates seen over last 2-3 years. 
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 3820, 
RESISTANCE 1:3750, 
SUPPORT 1: 3650, 
SUPPORT 2: 3600. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -4.00% in the last trading to close at 6104 level on Wednesday. after a one-sided increase in the beginning of apl, there is a huge decline in the coriander's market. on the commodity exchange NCDEX the price of coriander has dropped has by around 1,500 RPs in a month. in the beginning of April, coriander price for near future trading on NCDEX 7900 per quintal, but now the price has come down to RS 6450. in march , the price of coriander touched a low of RS 6410. Which was lowest price in about 13 months. there has been pressure of coriander due year ending stock and week export demand. however this year's production is being reported less last year. Price have not able to keep pace with heavy stock.
DHANIYA (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6300, 
RESISTANCE 1: 6200, 
SUPPORT 1: 6000, 
SUPPORT 2: 5800. 
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, 2 May 2017

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 03 MAY 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -4.00% to 5816 level at NCDEX. Trend remained weak for Turmeric even as prices found very strong support at the psychological 6000 mark. Lack of demand on the domestic (from North India) and export front amidst favorable Monsoon report ensured prices did not recover much even as it traded near the psychological support of 6000. Reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana have been noted.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6050, 
RESISTANCE 1: 6000, 
SUPPORT 1: 5750, 
SUPPORT 2: 5650. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures slipped by -1.81% in the last trading to close at 2881 level till Tuesday closing. Soybean failed to sustain at higher levels as buying interest stood lower against weakening trend in US soybean. However medium term fundamentals remains strong due to falling stocks, lesser arrivals and stable demand, hence soybean shall tend to recover in coming sessions. The April month’s USDA supply and demand report of oilseed complex was released last week and although the report was bearish, the projections were already factored in by the hedge funds. 
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:2950, 
RESISTANCE 1:2920, 
SUPPORT 1: 2850, 
SUPPORT 2: 2820. 
STRATEGY: SELL ON RISE 

Guarseed futures traded on a Negative note decreased demand on Tuesday (5.00PM). Gaurseed May contract lost -3.13% to 3745 levels. Favorable Monsoon reports amidst possibilities of its arrival before time are keeping sentiments weak for Guar. Its impact is likely to be temporary—but if monsoon arrives before time, then some more dips can be possible. Reports of lower production are likely to support prices. As per latest Rajasthan Agricultural dept report, production there is expected to fall to 14.04 lakh tons vs 22.23 lakh tons previous year. The sowing area has fallen to 35 lakh ha due to low rates seen over last 2-3 years. 
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 3900, 
RESISTANCE 1:3820, 
SUPPORT 1: 3700, 
SUPPORT 2: 3650. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -3.93% in the last trading to close at 6309 level on Tuesday. after a one-sided increase in the beginning of apl, there is a huge decline in the coriander's market. on the commodity exchange NCDEX the price of coriander has dropped has by around 1,500 RPs in a month. in the beginning of April, coriander price for near future trading on NCDEX 7900 per quintal, but now the price has come down to RS 6450. in march , the price of coriander touched a low of RS 6410. Which was lowest price in about 13 months. there has been pressure of coriander due year ending stock and week export demand. however this year's production is being reported less last year. Price have not able to keep pace with heavy stock. 
DHANIYA (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6500, 
RESISTANCE 1: 6400, 
SUPPORT 1: 6200, 
SUPPORT 2: 6150. 
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   

Monday, 1 May 2017

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 02 MAY 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Friday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -0.43% to 6058 level at NCDEX. Trend remained weak for Turmeric even as prices found very strong support at the psychological 6000 mark. Lack of demand on the domestic (from North India) and export front amidst favorable Monsoon report ensured prices did not recover much even as it traded near the psychological support of 6000. Reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana have been noted.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6200, 
RESISTANCE 1: 6150, 
SUPPORT 1: 6000, 
SUPPORT 2: 5950. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures slipped by -0.37% in the last trading to close at 2929 level till Friday closing. Soybean failed to sustain at higher levels as buying interest stood lower against weakening trend in US soybean. However medium term fundamentals remains strong due to falling stocks, lesser arrivals and stable demand, hence soybean shall tend to recover in coming sessions. The April month’s USDA supply and demand report of oilseed complex was released last week and although the report was bearish, the projections were already factored in by the hedge funds.
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:2980, 
RESISTANCE 1:2950, 
SUPPORT 1: 2920, 
SUPPORT 2: 2900. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Positive note increased demand on Friday (5.00PM). Gaurseed May contract gained 0.08% to 3852 levels. Favorable Monsoon reports amidst possibilities of its arrival before time are keeping sentiments weak for Guar. Its impact is likely to be temporary—but if monsoon arrives before time, then some more dips can be possible. Reports of lower production are likely to support prices. As per latest Rajasthan Agricultural dept report, production there is expected to fall to 14.04 lakh tons vs 22.23 lakh tons previous year. The sowing area has fallen to 35 lakh ha due to low rates seen over last 2-3 years. 
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 3950, 
RESISTANCE 1:3900, 
SUPPORT 1: 3800, 
SUPPORT 2: 3770. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -0.98% in the last trading to close at 6597 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 (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6800, 
RESISTANCE 1: 6700, 
SUPPORT 1: 6500, 
SUPPORT 2: 6400. 
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   

Thursday, 27 April 2017

FREE AGRI COMMODITY MARKET TIPS & LEVELS - 28 APR 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Thursday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -1.36% to 6080 level at NCDEX. Trend remained weak for Turmeric as poor demand from North India, reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana kept pressurizing prices. Rising arrivals of new crop had been pressurizing prices. There are expectations of demand slowly picking up with arrivals of the new crop falling. However, near term market sentiments still look weak.  
TURMERIC (MAY) TECHNICAL VIEW:  
TREND: BEARISH 
RESISTANCE 2: 6250,  
RESISTANCE 1: 6200, 
SUPPORT 1: 6000, 
SUPPORT 2: 5900. 
STRATEGY:  SELL ON RISE  

The NCDEX Soyabean May futures slipped by -0.88% in the last trading to close at 2940 level till Thursday closing. The April month’s USDA supply and demand report of oilseed complex was released yesterday and although the report was bearish, the projections were already factored in by the hedge funds. As a result domestic soybean posted some gains yesterday. For today’s session expect May soybean to move upward in case stays above 2965 during greater part of the day. Global oilseed production is forecast in this month’s USDA report is projected higher this month. Soybean production is up for Brazil, Argentina, Paraguay, and Uruguay.   
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:3000, 
RESISTANCE 1:2970, 
SUPPORT 1: 2900, 
SUPPORT 2: 2850. 
STRATEGY: SELL ON RISE 

Guarseed futures traded on a Negative note decreased demand on Thursday (5.00PM). Gaurseed May contract lost  -0.28% to 3889 levels.  After the recent dips in prices, Guar rates shot up again as firmness in crude oil kept possibilities of further rise in export demand in coming days as uncertainty over Monsoon reports kept trend very volatile. With IMD predicting the El Nino factor to impact only later on during the monsoon season, the adverse impact on Guar sowing starting June may be low. Normal rains during June-July would have favorable impact on Guar sowing. However Skymet has predicted a lower than normal monsoon this year. 
GAURSEED (MAY) TECHNICAL VIEW:  
TREND: CONSOLIDATE 
RESISTANCE 2: 3950, 
RESISTANCE 1:3900, 
SUPPORT 1: 3800, 
SUPPORT 2: 3770. 
STRATEGY:  SELL ON RISE 

The NCDEX Dhaniya May futures Slipped by-2.57% in the last trading to close at 6638 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 (MAY) TECHNICAL VIEW:   
TREND: BEARISH 
RESISTANCE 2: 6800, 
RESISTANCE 1: 6750, 
SUPPORT 1:  6500, 
SUPPORT 2:  6400. 
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, 26 April 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 27 APR 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Wednesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -0.93% to 6162 level at NCDEX. Trend remained weak for Turmeric as poor demand from North India, reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana kept pressurizing prices. Rising arrivals of new crop had been pressurizing prices. There are expectations of demand slowly picking up with arrivals of the new crop falling. However, near term market sentiments still look weak.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 6350, 
RESISTANCE 1: 6300, 
SUPPORT 1: 6100, 
SUPPORT 2: 6000. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures slipped by -0.87% in the last trading to close at 2960 level till Wednesday closing. The April month’s USDA supply and demand report of oilseed complex was released yesterday and although the report was bearish, the projections were already factored in by the hedge funds. As a result domestic soybean posted some gains yesterday. For today’s session expect May soybean to move upward in case stays above 2965 during greater part of the day. Global oilseed production is forecast in this month’s USDA report is projected higher this month. Soybean production is up for Brazil, Argentina, Paraguay, and Uruguay. 
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:3030, 
RESISTANCE 1:3000, 
SUPPORT 1: 2940, 
SUPPORT 2: 2900. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Negative note decreased demand on Wednesday (5.00PM). Gaurseed May contract lost -0.28% to 3889 levels. After the recent dips in prices, Guar rates shot up again as firmness in crude oil kept possibilities of further rise in export demand in coming days as uncertainty over Monsoon reports kept trend very volatile. With IMD predicting the El Nino factor to impact only later on during the monsoon season, the adverse impact on Guar sowing starting June may be low. Normal rains during June-July would have favorable impact on Guar sowing. However Skymet has predicted a lower than normal monsoon this year. 
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 3980, 
RESISTANCE 1:3920, 
SUPPORT 1: 3850, 
SUPPORT 2: 3800. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by-0.07% in the last trading to close at 6850 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 (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7000, 
RESISTANCE 1: 6900, 
SUPPORT 1: 6800, 
SUPPORT 2: 6700. 
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, 25 April 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 26 APR 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a slipped Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by -0.03% to 6212 level at NCDEX. Trend remained weak for Turmeric as poor demand from North India, reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana kept pressurizing prices. Rising arrivals of new crop had been pressurizing prices. There are expectations of demand slowly picking up with arrivals of the new crop falling. However, near term market sentiments still look weak.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 6350, 
RESISTANCE 1: 6300, 
SUPPORT 1: 6150, 
SUPPORT 2: 6100. 
STRATEGY: BUY ON DIPS

The NCDEX Soyabean May futures slipped by -2.07% in the last trading to close at 2984 level till Tuesday closing. The April month’s USDA supply and demand report of oilseed complex was released yesterday and although the report was bearish, the projections were already factored in by the hedge funds. As a result domestic soybean posted some gains yesterday. For today’s session expect May soybean to move upward in case stays above 2965 during greater part of the day. Global oilseed production is forecast in this month’s USDA report is projected higher this month. Soybean production is up for Brazil, Argentina, Paraguay, and Uruguay.
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2:3050, 
RESISTANCE 1:3030, 
SUPPORT 1: 2950, 
SUPPORT 2: 2920. 
STRATEGY: SELL ON RISE

Guarseed futures traded on a Positive note increased demand on Tuesday (5.00PM). Gaurseed May contract gained 0.70% to 3895 levels. After the recent dips in prices, Guar rates shot up again as firmness in crude oil kept possibilities of further rise in export demand in coming days as uncertainty over Monsoon reports kept trend very volatile. With IMD predicting the El Nino factor to impact only later on during the monsoon season, the adverse impact on Guar sowing starting June may be low. Normal rains during June-July would have favorable impact on Guar sowing. However Skymet has predicted a lower than normal monsoon this year. 
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 3980, 
RESISTANCE 1:3950, 
SUPPORT 1: 3830, 
SUPPORT 2: 3800. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Surged up by 0.13% in the last trading to close at 6850 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 (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7050, 
RESISTANCE 1: 6950, 
SUPPORT 1: 6800, 
SUPPORT 2: 6700. 
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  

Monday, 24 April 2017

Central Indian Soybean acreage to decline as farmers shift crops

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The Soybean acreage in Madhya Pradesh is likely to decline to about 10 percent in the summer sowing due to poor earnings. Madhya Pradesh is one of the major Soybean producing states in the country.

Madhya Pradesh contributes about 70 percent of India's total output and now the farmers are looking forward to shift to Maize, Pulses and Cotton on the back of good demand and better prices.

Soybean prices in the domestic markets declined about 20 percent in this year when compared to last year due to the higher output and below expected exports of soybean meal. While in the same period the prices of Cotton increased to about 27 percent year on year.

It is anticipated that the farmers will start sowing Maize, Black Gram and Cotton from May end.


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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  

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 24 APR 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a surged up Friday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 1.27% to 6210 level at NCDEX. Trend remained weak for Turmeric as poor demand from North India, reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana kept pressurizing prices. Rising arrivals of new crop had been pressurizing prices. There are expectations of demand slowly picking up with arrivals of the new crop falling. However, near term market sentiments still look weak.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: CONSOLIDATE 
RESISTANCE 2: 6350, 
RESISTANCE 1: 6300, 
SUPPORT 1: 6150, 
SUPPORT 2: 6100. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures surged up by 0.49% in the last trading to close at 3065 level till Friday closing. The April month’s USDA supply and demand report of oilseed complex was released yesterday and although the report was bearish, the projections were already factored in by the hedge funds. As a result domestic soybean posted some gains yesterday. For today’s session expect May soybean to move upward in case stays above 2965 during greater part of the day. Global oilseed production is forecast in this month’s USDA report is projected higher this month. Soybean production is up for Brazil, Argentina, Paraguay, and Uruguay. 
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2:3100, 
RESISTANCE 1:3070, 
SUPPORT 1: 3030, 
SUPPORT 2: 3000. 
STRATEGY: BUY ON DIPS

Guarseed futures traded on a Negative note decreased demand on Friday (5.00PM). Gaurseed May contract lost -1.19% to 3916 levels. After the recent dips in prices, Guar rates shot up again as firmness in crude oil kept possibilities of further rise in export demand in coming days as uncertainty over Monsoon reports kept trend very volatile. With IMD predicting the El Nino factor to impact only later on during the monsoon season, the adverse impact on Guar sowing starting June may be low. Normal rains during June-July would have favorable impact on Guar sowing. However Skymet has predicted a lower than normal monsoon this year.
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 4000, 
RESISTANCE 1:3950, 
SUPPORT 1: 3850, 
SUPPORT 2: 3800. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -2.44% in the last trading to close at 6890 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 (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7150, 
RESISTANCE 1: 7050, 
SUPPORT 1: 6850, 
SUPPORT 2: 6800. 
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  

Thursday, 20 April 2017

FREE AGRI COMMODITY MARKET NEWS & LEVELS - 21 APR 2017

Agri commodity calls, Agri Commodity Tips, Free  Commodity Tips, Free Agri Tips, MCX Tips Services, Turmeric Tips,

Turmeric May futures traded on a surged up Thursday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). Turmeric spiced by 0.89% to 6140 level at NCDEX. Trend remained weak for Turmeric as poor demand from North India, reports of low production and crop damage with farmers reportedly getting adversely affected in AP and Telengana kept pressurizing prices. Rising arrivals of new crop had been pressurizing prices. There are expectations of demand slowly picking up with arrivals of the new crop falling. However, near term market sentiments still look weak.
TURMERIC (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 6250, 
RESISTANCE 1: 6200, 
SUPPORT 1: 6100, 
SUPPORT 2: 6050. 
STRATEGY: SELL ON RISE

The NCDEX Soyabean May futures surged up by 1.46% in the last trading to close at 3051 level till Thursday closing. The April month’s USDA supply and demand report of oilseed complex was released yesterday and although the report was bearish, the projections were already factored in by the hedge funds. As a result domestic soybean posted some gains yesterday. For today’s session expect May soybean to move upward in case stays above 2965 during greater part of the day. Global oilseed production is forecast in this month’s USDA report is projected higher this month. Soybean production is up for Brazil, Argentina, Paraguay, and Uruguay.
SOYABEAN (MAY) TECHNICAL VIEW: 
TREND: BULLISH 
RESISTANCE 2:3150, 
RESISTANCE 1:3100, 
SUPPORT 1: 3000, 
SUPPORT 2: 2950. 
STRATEGY: BUY ON DIPS

Guarseed futures traded on a Negative note decreased demand on Thursday (5.00PM). Gaurseed May contract lost -0.70% to 3960 levels. After the recent dips in prices, Guar rates shot up again as firmness in crude oil kept possibilities of further rise in export demand in coming days as uncertainty over Monsoon reports kept trend very volatile. With IMD predicting the El Nino factor to impact only later on during the monsoon season, the adverse impact on Guar sowing starting June may be low. Normal rains during June-July would have favorable impact on Guar sowing. However Skymet has predicted a lower than normal monsoon this year.
GAURSEED (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 4050, 
RESISTANCE 1:4000, 
SUPPORT 1: 3950, 
SUPPORT 2: 3900. 
STRATEGY: SELL ON RISE

The NCDEX Dhaniya May futures Slipped by -0.52% in the last trading to close at 7075 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 (MAY) TECHNICAL VIEW: 
TREND: BEARISH 
RESISTANCE 2: 7250, 
RESISTANCE 1: 7150, 
SUPPORT 1: 7000, 
SUPPORT 2: 6900. 
STRATEGY: SELL ON RISE  

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