AGRI
COMMODITY MARKET OUTLOOK
Jeera Jan NCDEX: Prices penetrated the cluster EMA
resistance at 17670 levels in yesterday’s session. But, it is required to break
the resistance of 17900 for the strong upside rallies to continue towards 18030
followed by 18160 or even higher to 18300 levels. However, unable to do so
could see profit booking extending lower to 17600 levels.
Soybean Jan NCDEX: Prices is
required to break the support of 3030 for the corrective selloffs to extend
towards 2980/40 levels. However, any direct rise above 3080, could see sharp
upside rallies towards 3110/3125 levels.
Turmeric Apr NCDEX: If prices
stays above the support of 7150, could see upside moves towards 7250/7400
levels.
Dhaniya Jan NCDEX: Expect to
see a choppy trading session.
Rm seed Jan NCDEX: Sideways price action is
expecting for the day.
AGRI COMMODITY TIPS |
NCDEX Market update:-
JEERA
PP- 17593
R1- 17857 S1-17437
R2- 18013 S2-17173
TURMERIC
PP- 7181
R1- 7229 S1-7143
R2- 7267 S2-7095
CORIANDER
PP- 7882
R1- 7940 S1-7845
R2- 7977 S2-7787
SOYBEAN
PP- 3066
R1- 3080 S1-3054
R2- 3092 S2-3040
MUSTERED OIL
PP- 4592
R1- 4647 S1-4542
R2- 4697 S2-4487
GAUR SEED
PP- 3361
R1- 3375 S1-3344
R2- 3392 S2-3330
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