26-Sep-2018 Agri Commodity Update
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Agri Commodity Update Market Views MONTH
OPEN
HIGH
LOW
CLOSE
% CHG
VOL
MONTH
OPEN
HIGH
LOW
CORIANDER
-
4995
5009
4860
5006
SUPPORT
SUPP.1 4,907
SUPP. 2 4,809
PIVOT 4,958
RESISTANCE RES. 1 5,056
% CHG
VOL
-
-
-
CASTORSEED
Oct
INTRADAY LEVELS
CLOSE
-2.32
-
-
-
SUPPORT
SUPP. 1
SUPP. 2
-
-
1700
Coriander short term trend is bearish and may continue in coming days.
PIVOT
INTRADAY LEVELS
RESISTANC E
RES. 2 5,107
RES. 1
RES. 2
-
-
-
-
GUARGUM 5MT
TURMERIC
Oct Oct
INTRADAY LEVELS
6490
SUPPORT
6698
6470
6492
SUPP. 1 6,408
SUPP. 2 6,325
PIVOT 6,553
RESISTANCE RES. 1
RES. 2 6,781
2.74
315
Turmeric short term trend is bearish and may continue in coming days.
9180
SUPPORT INTRADAY LEVELS
9258
9066
9152
SUPP. 1 9,059
SUPP. 2 8,966
PIVOT 9,158
RES. 1 9,251
RES. 2 9,350
RESISTANCE
1.07
4210
Guargum Short term trend is bearish and may continue in coming days.
Agri Commodity Update Most Active Contract NCDEX INDICES
Index
TOP GAINERS
Symbol
Expiry Date
Current Price
Change
Change %
Value
Pre. Close
% Change
Barley 1762
1768 -0.34
TURMERIC
16-10-2018
6648.00
156.00
2.40% Castor Seed
TOP LOSERS
4678
4729 -1.08
Symbol
Expiry Date
Current Price
Change
Change %
Chana 3979 CORIANDER
16-10-2018
4896.00
-110.00
3925
-2.20% 1.38
Agri Commodity Update Commodities In News North and central parts of the India witnessed heavy rainfall in the last few  days which could effect final yield of Paddy in those fields where 'lodging' (bending over of crops) has taken place as the rains was accompanied by strong winds which came at the fag-end of the southwest monsoon season. In Paddy growing areas of Haryana, Punjab and Western Uttar Pradesh, there have been complaints of lodging in some fields and yields might go down in them, especially if the crop is in the harvesting stage, while in those fields where the crop hasn't yet matured enough, there might not be any big damage because the stems are flexible enough to resurrect after flattening. In Central India, Soybean and Pulses crops, too, have been hit but the loss isn't big enough as the showers have been followed by relatively bright sunshine, which has helped in absorbing soil moisture. Apart from Paddy, the standing Cotton crop has also been impacted in Haryana and Punjab.
ECONOMIC NEWS
India has impulsed China to drop a years-long restriction on Rapeseed meal imports from the South Asian nation at a gathering with government authorities and feed makers as it aims to boost sales of critical farm goods amid growing US-China trade tensions. China was the biggest buyer of Indian Rapeseed meal until it banned the purchases in late 2011. The meeting was held at India's embassy in Beijing, the aim was to lobby China to resume purchases of Rapeseed meal, a key ingredient in animal feed, and to drum up interest in the country's other major agricultural products. It was a meeting of buyers and sellers, with a session introducing India's exporters followed by one-on-one meetings between importers and exporters.
Agri Commodity Update Technical Outlook
BUY CORIANDER OCT ABOVE 5000 TARGET 5030/5060/5090 SL 4970
BUY GUARGUM5 OCT ABOVE 9260 TARGET 9290/9320/9350 SL 9230
BUY TURMERIC OCT ABOVE 6590 TARGET 6620/6650/6680 SL 6560
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