TODAY NCDEX MARKET LEVELS UPDATES 01 DEC 2016.

AGRI   COMMODITY MARKET OUTLOOK

Jeera Dec NCDEX: Though trend seems to be positive, profit booking is likely to current long liquidations is likely to extend further lower towards 18000 levels, before recommencing next upside moves.

Soybean Dec NCDEX: As prices trade above 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.

Agri Commodity Market Tips

NCDEX Market update:-

JEERA

PP- 18473

R1- 18617                                              S1-18227

R2- 18863                                              S2-18083

TURMERIC

PP- 7254

R1- 7294                                                S1-7214

R2- 7334                                                S2-7174

CORIANDER

PP- 7964

R1- 8092                                                 S1-7779

R2- 8277                                                 S2-7651

SOYABEAN

PP- 3113

R1- 3130                                                 S1-3099

R2- 3144                                                 S2-3082

MUSTERED OIL

PP- 4815

R1- 4879                                                S1-4769

R2- 4925                                                S2-4705

GAUR SEED

PP- 3313

R1- 3349                                               S1-3289

R2- 3373                                               S2-3253