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


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