Monday 28 November 2016

NCDEX TIPS | TODAY AGRI COMMODITY MARKET UPDATE 29 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Jeera Dec NCDEX: While prices trades above the support of 18600 could continue upside rallies to 19250 followed by 19500/19800 levels for the day. However, mild dips may be anticipated towards 18700 levels before resuming the upside moves.

Soybean Dec NCDEX: As prices broke the descending trend channel resistance at 3100 could see short covering rallies continue towards 3185 followed by 3200 and then to 3280 levels. However, unable to trade above the 13 day EMA resistance of 3173 could see profit booking towards 3100 levels.

COMMODITY MARKET UPDATE

NCDEX Market update:-

JEERA
PP- 19083
R1- 18402                                              S1-18877
R2- 18608                                              S2-18558

TURMERIC
PP- 7305
R1- 7399                                                S1-7223
R2- 7481                                                S2-7129

CORIANDER
PP- 8239
R1- 8328                                                 S1-8178
R2- 8389                                                 S2-8089

SOYABEAN
PP- 3148
R1- 3169                                                 S1-3133
R2- 3184                                                 S2-3112

MUSTERED OIL
PP- 4762
R1- 4857                                                S1-4706
R2- 4913                                                S2-4611

GAUR SEED
PP- 3350
R1- 3386                                               S1-3326
R2- 3410                                               S2-3290


Thursday 24 November 2016

AGRI COMMODITY FREE TRAIL | TODAY NCDEX MARKET LEVEL( SUPP & RESIST) UPDATE 25 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil gained as demonetization created supply worries in local market while US bio-fuel target triggered Cereals demand.
Menthaoil settled up taking cues from less arrival in the major physical markets.
Soyabean prices ended with gains tracking firmness in overseas prices buoyed by strong Chinese demand for U.S. shipments.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices gained due to good demand and lower supplies in the physical market surge in spot market.
Jeera prices ended with gains due to expectation of tight supplies from the producing regions.



NCDEX Market update:-

JEERA
PP- 18405
R1- 18600                                              S1-18200
R2- 18850                                              S2-17900

TURMERIC
PP- 7290
R1- 7380                                                S1-7150
R2- 7500                                                S2-7020

CORIANDER
PP- 8103
R1- 8250                                                 S1-7900
R2- 8400                                                 S2-7750

SOYABEAN
PP- 3123
R1- 3150                                                 S1-3080
R2- 3190                                                 S2-3050

MUSTERED OIL
PP- 4672
R1- 4720                                                S1-4640
R2- 4775                                                S2-4610

GAUR SEED
PP- 3247
R1- 3340                                               S1-3190
R2- 3400                                               S2-3130


Wednesday 23 November 2016

AGRI COMMODITY MARKET UPDATE 24 NOV 2016 REPORT UPDATES.

AGRI   COMMODITY MARKET OUTLOOK

  • Sowing of rabi crops like wheat, pulses and oilseeds has not been affected due to demonetization confirmed Agriculture Minister Radha Mohan Singh. In West Bengal, rabi crops have been sown in 2.39 lakh hectares till November 18 of this rabi season, as against 2.25 lakh hectares in year-ago period. In Uttar Pradesh, rabi crops have been sown in 33.79 lakh hectares, much higher than 25.91 lakh hectares year ago.  
  • Soyabean futures traded higher supported by higher prices in international markets on continued signs of strong demand for US crop. It improved further as USDA reported export inspections of US soybeans in latest week at more than 2.6 million tons, topping a range of trade expectations for 1.7 million to 2 million tons. Furthermore, lower supplies in physical market as there is cash as well as supply crunch in all the Agricultural Produce Market Committees (APMCs) mandis attributed rise on Soyabean prices. 
  • Jeera futures traded higher due to good buying support from retailers and stockists at the spot market. Further, expectation of fresh export enquiries from Bangladesh and China amid restricted arrivals from growing regions too fuelled the uptrend.
  • Indian wheat futures fell as much as 4 % and touched the lower circuit limit, triggering a restriction on bidding for the commodity below that level for day. Indian government decision to increase government supply and to raise price has led to decline. 
  • Malaysian palm oil futures extended gains into a second session, reaching a more than the one-week high, supported by gains in rival soyoil on the Chicago Board of Trade and the China's Dalian Commodity Exchange. Chicago Board of Trade soybean futures hit a four-month high on the strength in Chinese soy markets.
ncdex market tips



NCDEX Market update:-

JEERA
PP- 18030
R1- 18480                                              S1-17740
R2- 18770                                              S2-17290

TURMERIC
PP- 7219
R1- 7317                                                S1-7163
R2- 7373                                                S2-7065

CORIANDER
PP- 8028
R1- 8153                                                 S1-7955
R2- 8226                                                 S2-7830

SOYABEAN
PP- 3068
R1- 3095                                                 S1-3035
R2- 3128                                                 S2-3008

MUSTERED OIL
PP- 4645
R1- 4676                                                S1-4611
R2- 4710                                                S2-4580

GAUR SEED
PP- 3256
R1- 3282                                               S1-3232

R2- 3306                                               S2-3206

Sunday 20 November 2016

AGRI COMMODITY MARKET TIPS | TODAY NCDEX MARKET UPDATE 21 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with gains as support seen on strong demand in export market.
Cereals Mentha oil prices gained taking cues from less arrivals in the major physical markets.
Soyabean prices traded in the range due to crunch in liquidity stockiest buying was muted and on higher supply.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices gained on expectations of rise in demand amid lower arrivals.
Currency Jeera prices dropped driven by a weak trend at spot market amid lack of availability of smaller denomination notes.

NCDEX TIPS| AGRI TIPS


NCDEX Market update:-

JEERA
PP- 17320
R1- 17550                                              S1-17200
R2- 17800                                              S2-17000

TURMERIC
PP- 7078
R1- 7150                                                S1-6950
R2- 7250                                                S2-6850

CORIANDER
PP- 7630
R1- 7790                                                 S1-7550
R2- 7900                                                 S2-7450

SOYABEAN
PP- 3078
R1- 3110                                                 S1-3030
R2- 3160                                                 S2-2980

MUSTERED OIL
PP- 4625
R1- 4670                                                S1-4580
R2- 4720                                                S2-4540

GAUR SEED
PP- 3273
R1- 3340                                               S1-3220
R2- 3390                                               S2-3160



Thursday 17 November 2016

NCDEX TIPS | TODAY AGRI COMMODITY MARKET UPDATE 18 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices gained tracing firm cues from global markets.
Mentha oil dropped on profit booking after gaining amid firm trend at spot market on rising demand.
Soyabean prices gained amid strong demand for oil and meal in export market.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses
Turmeric prices gained amid less stocks and restricted supplies in the spot market.
Jeera prices gained on the back of increasing demand at spot markets amid restricted arrivals from producing belts.




NCDEX Market update:-

JEERA
PP- 17435
R1- 17650                                              S1-17200
R2- 17800                                              S2-17000

TURMERIC
PP- 7032
R1- 7150                                                S1-6950
R2- 7250                                                S2-6850

CORIANDER
PP- 7683
R1- 7790                                                 S1-7550
R2- 7900                                                 S2-7450

SOYABEAN
PP- 3071
R1- 3110                                                 S1-3030
R2- 3170                                                 S2-2980

MUSTERED OIL
PP- 4566
R1- 4590                                                S1-4520
R2- 4620                                                S2-4480

GAUR SEED
PP- 3246
R1- 3300                                               S1-3160
R2- 3360                                               S2-3080




Wednesday 16 November 2016

NCDEX TIPS TODAY AGRI COMMODITY MARKET NEWS UPDATE 17 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices gained tracking higher soybean and bullish NOPA crushing data.
Mentha oil settled up due to rising demand and falling arrivals the physical markets.
Soybean gained on account of the good demand in the spot market against restricted arrivals from producing belts.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices gained on the back of strong demand in the spot markets.
Jeera prices ended with gains tracking a firm trend at spot market on rising domestic as well as exports demand.

 NCDEX  Market update:-

JEERA
PP- 17005
R1- 17410                                              S1-16440
R2- 17675                                              S2-16335

TURMERIC
PP- 7000
R1- 7070                                                S1-6870
R2- 7140                                                S2-6740

CORIANDER
PP- 7666
R1- 7790                                                 S1-7425
R2- 7915                                                 S2-7185

SOYABEAN
PP- 3031
R1- 3059                                                 S1-3010
R2- 3080                                                 S2-2980

MUSTERED OIL
PP- 4536
R1- 4590                                                S1-4501
R2- 4625                                                S2-4448

GAUR SEED
PP- 3215
R1- 3260                                               S1-3150
R2- 3300                                               S2-3085


Tuesday 15 November 2016

AGRI COMMODITY MARKET TIPS | TODAY NCDEX MARKET TIPS UPDATE REPORT 16 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices gained on short covering after falling earlier on higher supply in global market.
Cereals
Mentha oil prices gained taking positive cues from spot market on upsurge in demand against tight stocks.
Soybean prices dropped as the ongoing cash crunch is affecting buying activity of oil millers and crushing units and
on higher supply.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses
Turmeric prices ended with losses amid expectation of bumper output despite of tight stocks position.
Jeera prices gained as there is paucity of supplies while domestic buying may emerge.



NCDEX  Market update:-

JEERA
PP- 16495
R1- 16940                                              S1-16250
R2- 17185                                              S2-15805

TURMERIC
PP- 6864
R1- 6970                                                S1-6740
R2- 7100                                                S2-6640

CORIANDER
PP- 7331
R1- 7442                                                 S1-7252
R2- 7521                                                 S2-7141

SOYABEAN
PP- 2945
R1- 2960                                                 S1-2927
R2- 2978                                                 S2-2912

MUSTERED OIL
PP- 4443
R1- 4463                                                S1-4421
R2- 4485                                                S2-4401

GAUR SEED
PP- 3167
R1- 3240                                               S1-3120
R2- 3320                                               S2-3070

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