Wednesday, 9 November 2016

TODAY NCDEX MARKET LEVEL (SUPPORT & RESISTANCE) UPDATE 10 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil gains after prices earlier seen under pressure tracking weakness in spot demand amid sufficient supplies.
Mentha oil dropped amid amid fall in demand from major consuming industries in the domestic spot market.
Oil and Oilseeds & Others Soyabean prices ended with losses due to higher supplies of new season crop compared to its demand.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices dropped amid expectations of higher output and favourable weather condition in the producing centres.
Jeera prices dropped driven by easing domestic and exports demand in the spot market.




NCDEX  Market update:-

JEERA
PP- 17515
R1- 17840                                              S1-17210
R2- 18160                                              S2-16900

TURMERIC
PP- 7142
R1- 7230                                                S1-7060
R2- 7320                                                S2-6980

CORIANDER
PP- 7635
R1- 7790                                                S1-7460
R2- 7950                                                S2-7290

SOYABEAN
PP- 3030
R1- 3060                                               S1-2990
R2- 3090                                               S2-2950

MUSTERED OIL
PP- 4639
R1- 4730                                              S1-4560
R2- 4810                                              S2-4490

GAUR SEED
PP- 3247
R1- 3300                                              S1-3210

R2- 3360                                              S2-3175

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