Thursday 8 December 2016

IMPACT ON EXCHANGE VOLUMES A SHORT TERM PAIN : NCDEX MARKET REPORT UPDATE 06 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil ended with losses tracking weakness in other oil seed counters despite of supply worries in global market.
Mentha oil ended with losses driven by sluggish demand at the spot market.
Soyabean dropped on weak demand for the crop in export market and on expectation of higher supply in global market
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric gained on late short covering after prices dropped as reports of good production from new season crops weighed on prices.
Jeera prices ended with losses on reports of higher sowing at the producing belts of Gujarat.

AGRI COMMODITY TIPS

NCDEX Market update:-

JEERA
PP- 17350
R1- 17515                                              S1-17150
R2- 17715                                              S2-16985

TURMERIC
PP- 7436
R1- 7470                                                S1-7380
R2- 7530                                                S2-7300

CORIANDER
PP- 7743
R1- 7805                                                 S1-7660
R2- 7888                                                 S2-7598

SOYABEAN
PP- 3070
R1- 3084                                                S1-3050
R2- 3104                                                S2-3036

MUSTERED OIL
PP- 4662
R1- 4702                                                S1-4604
R2- 4760                                                S2-4564

GAUR SEED
PP- 3241
R1- 3285                                                 S1-3230
R2- 3310                                                 S2-3200


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