Monday, 14 November 2016

NCDEX TIPS | AGRI COMMODITY MARKET LEVEL UPDATE 15 NOV 2016.| EQUITY RESEARCH LAB

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with gains tracking firmness in spot demand denting of prospects of higher imports indicating tight supply situation.
Cereals Mentha oil prices gained due to rising demand and falling arrivals the physical markets.
Oil and Oilseeds & Others Soybean prices ended with losses on expectation of higher supply from United States and Brazil.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses
Turmeric prices dropped on expectations of increasing production in coming harvesting season and lowering export demand in recent months.
Jeera prices dropped driven by easing domestic and exports demand in the spot market.


NCDEX  Market update:-

JEERA
PP- 16555
R1- 16900                                              S1-16300
R2- 17300                                              S2-16000

TURMERIC
PP- 6998
R1- 7050                                                S1-6853
R2- 7240                                                S2-6707

CORIANDER
PP- 7447
R1- 7604                                                S1-7330
R2- 7761                                                S2-7213

SOYABEAN
PP- 3031
R1- 3078                                               S1-3000
R2- 3126                                               S2-2970

MUSTERED OIL
PP- 4554
R1- 4610                                              S1-4510
R2- 4670                                              S2-4460

GAUR SEED
PP- 3167
R1- 3240                                              S1-3120
R2- 3320                                              S2-3070


Thursday, 10 November 2016

NCDEX TIPS | TODAY AGRI COMMODITY MARKET LEVEL (SUPPORT & RESISTANCE) UPDATE 11 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with gains tracking firmness in spot demand and Soybean prices despite of sufficient supplies.
Cereals Mentha oil prices ended with losses amid fall in demand from major consuming industries in the domestic spot Market.
Soybean prices gained on account of the good demand in the spot market against restricted arrivals from producing belts.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices ended with gains amid expectations of rise in demand.
Jeera prices dropped amid favorable climatic conditions on the back of good rains in Gujarat this year and expectations of higher sowing this year.



NCDEX  Market update:-

JEERA
PP- 17145
R1- 17350                                              S1-16950
R2- 17500                                              S2-16500

TURMERIC
PP- 7186
R1- 7250                                                S1-7090
R2- 7400                                                S2-6990

CORIANDER
PP- 7575
R1- 7670                                                S1-7510
R2- 7800                                                S2-7430

SOYABEAN
PP- 3046
R1- 3080                                               S1-3010
R2- 3120                                               S2-2970

MUSTERED OIL
PP- 4630
R1- 4680                                              S1-4590
R2- 4710                                              S2-4550

GAUR SEED
PP- 3244
R1- 3280                                              S1-3205
R2- 3330                                              S2-3160





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

Monday, 7 November 2016

TODAY AGRI COMMODITY MARKET TIPS LEVEL ( SUPPORT & RESISTANCE) UPDATE 08 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil ended with gains tracking firmness in spot demand despite of higher supply.
Cereals Mentha oil ended with losses on profit booking after prices gained on lower output estimates from the major Producing.
Oil and Oilseeds & Others Soybean prices ended with losses amid weak buying support on oversupply woes.
Turmeric prices ended with gained amid expectations of pickup in domestic demand despite of expectations of higher output.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Jeera prices ended with gains on expectations of fresh export and domestic buying.


NCDEX  Market update:-

JEERA
PP- 18215
R1- 18315                                              S1-18091
R2- 18423                                              S2-17996

TURMERIC
PP- 7344
R1- 7394                                                S1-7316
R2- 7423                                                S2-7274

CORIANDER
PP- 7761
R1- 7812                                                S1-7658
R2- 7895                                                S2-7603

SOYABEAN
PP- 3104
R1- 3118                                               S1-3067
R2- 3148                                               S2-3050

MUSTERED OIL
PP- 4700
R1- 4741                                              S1-4674
R2- 4767                                              S2-4639

GAUR SEED
PP- 3336
R1- 3350                                              S1-3310
R2- 3372                                              S2-3295



ERL | AGRI COMMODITY MARKET LEVEL REPORT 07 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices gains on buying support at lower levels despite of higher supply in global market.
Cereals Mentha oil dropped amid subdued demand from major consuming industries at the domestic spot market.
Oil and Oilseeds & Others Soyabean prices ended with gains on improved demand from China despite of increasing supplies as markets resumes trading activity.
Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.
Turmeric prices gained due to good demand from the upcountry buyers.
Currency Jeera prices gained on account of rising domestic as well as exports demand at the spot market.





NCDEX  Market update:-

JEERA
PP- 17420
R1- 17820                                              S1-17200
R2- 17970                                              S2- 17435

TURMERIC
PP- 7178
R1- 7252                                                S1-7128
R2- 7302                                                S2-7054

CORIANDER
PP- 7894
R1- 7980                                                S1-7780
R2- 8070                                                S2-7690

SOYABEAN
PP- 3069
R1- 3090                                               S1-3050
R2- 3110                                               S2-3030

MUSTERED OIL
PP- 4650
R1- 4700                                              S1-4570
R2- 4745                                              S2-4490

GAUR SEED
PP- 3315
R1- 3350                                              S1-3290

R2- 3380                                              S2-3270

Wednesday, 26 October 2016

NCDEX TIPS | DAILY AGRI COMMODITY MARKET OUTLOOK 27 OCT 2016.

AGRI   COMMODITY MARKET OUTLOOK

Ref soyoil prices ended with gains on strong demand in spot demand and global market. Cereals Menthaoil settled up due to rising demand against restricted arrivals from the major producing belts. Oil and Oilseeds & Others Soybeans gained tracking higher prices in overseas market following strong demand from China, the world's biggest importer. Energy Copper prices gains buoyed by brightening prospects for the U.S. economy Zinc prices dropped on profit booking after prices gained fuelled by surging prices for Chinese steel and a pick-up in manufacturing activities. Nickel dropped on profit booking after gaining as gains in global manufacturing boosted speculation that demand will Spices improve for metals. Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses Turmeric prices gained due to expectation of good demand from domestic as well as upcountry buyers ahead of Currency festival season. Jeera prices ended with losses amid lower domestic and exports demand at the spot market.



NCDEX  Market update:-

JEERA
PP- 16860
R1- 17050                                              S1-16650
R2- 17255                                              S2- 16500

TURMERIC
PP- 7268
R1- 7360                                                S1-7150
R2- 7480                                                S2-7050

CORIANDER
PP- 7339
R1- 7450                                                S1-7250
R2- 7550                                                S2-7150

SOYABEAN
PP- 3123
R1- 3150                                               S1-3080
R2- 3185                                               S2-3060

MUSTERED OIL
PP- 4491
R1- 4530                                              S1-4450
R2- 4590                                              S2-4420

GAUR SEED
PP- 3398
R1- 3430                                              S1-3340
R2- 3490                                              S2-3280