10-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
-
-
-
SUPP. 2
SUPPORT
SUPP. 1
SUPP. 2
5,101.33
-
-
5200
5274
5153
SUPPORT
SUPP.1
5,170.66
5240
PIVOT
INTRADAY LEVELS
5,222.33 RESISTANCE
RES. 1
RES. 2
5,291.66
5,343.33
-0.42
1700
Coriander short term trend is bearish and may continue in coming days.
-
6622
6668
6594
SUPPORT
SUPP. 1
SUPP. 2
6,616
6,568
RESISTANCE
RES. 1 6,690
RES. 2 6,716
-
-
-
RESISTANC E
RES. 1
RES. 2
-
-
-
-
GUARGUM 5MT
6664
PIVOT
INTRADAY LEVELS
VOL
PIVOT
INTRADAY LEVELS
TURMERIC
Oct
% CHG
CASTORSEED
CORIANDER
Oct
CLOSE
6,642
-0.66
315
Turmeric short term trend is bearish and may continue in coming days.
Oct
9430
9430
9280
SUPPORT
SUPP. 1
SUPP. 2
9,325
9,227
9523
PIVOT
INTRADAY LEVELS
RESISTANCE
RES. 1
RES. 2
9,475
9,527
9,377
-1.45
4210
Guargum Short term trend is bearish and may continue in coming days.
Agri Commodity Update Most Active Contract TOP GAINERS Symbol
Expiry Date
NCDEX INDICES
Current Price
Change
Change %
Index
Value
Pre. Close
% Change
RAPESEED-MUSTARD SEED
WHEAT
16-10-2018
16-10-2018
4146.00
43.00
1.05%
2027.00
8.00
0.40%
BARLEY
16-10-2018
1688.00
3.00
0.18%
WHEAT
19-09-2018
2030.00
1.00
0.05%
1621.5
Castor Seed
4632
4667
3835
3869
4750
4785
1674.5
1716.5
4321
4380
18970
19015
-0.24
4043
0.87
Chana
Coriander GUAR SEED 10 MT
REF SOYA OIL
16-10-2018
4374.00
19-09-2018
746.20
10.00
5.80
GUAR GUM 5 MT
GUAR SEED 10 MT
Expiry Date
Current Price
Change
0.00
-0.75
-0.88
-0.73
0.95%
0.78%
TOP LOSERS Symbol
4078
Barley
Change %
Cotton Seed Oilcae
Guar Seed 10 MT
16-10-2018
9385.00
-138.00
-1.45%
Jeera
16-10-2018
4321.00
-59.00
-1.35%
Mustardseed
4078
-2.45
-1.35
Agri Commodity Update Commodities In News Â
ECONOMIC NEWS
Total area under Kharif cultivation stands at 1023 lakh hectare (lh) as compared to 1,027 lh covered during the corresponding week last year, recording a marginal drop of 0.41%, according to a latest update from Agri Ministry. Rice planting was completed on 370 lh as against 368 lh covered in same period in the previous year - up slightly by 0.57% on the year. Acreage under oilseeds stood at 171.30 lh, up 2.51% with strong gains in Soybeans. The acreage under the commodity rose by 6.24% to 111.76 lh. Groundnut area dropped by 1.71% to 39.14 lh. Total acreage under coarse cereals dropped 3.85% to 172.31 lh. Maize acreage was almost flat at 77.83 lh. Pulses area also dropped 2.55% to 132.66 lh with Urad acreage sliding by a sharp 12.80% to 37.57 lh. Sugarcane acreage soared 4.17% to 52 lh. Cotton acreage dropped 1.85% to 117.66 lh. Technically Soyabean market is under fresh selling as market has witnessed gain in open interest by 2.52% to settled at 57870 while prices down 4 rupees. Now NCDEX Soyabean is getting support at 3198 and below same could see a test of 3174 level, And resistance is now likely to be seen at 3244, a move above could see prices testing 3266. Soyabean on NCDEX settled down 0.12% at 3222 on forecast of beneficial rains in central India which will enhance soybean production. Prices also dropped in view of bumper crop during 2018-19 on the back of higher sowing and favourable weather conditions.
Agri Commodity Update Technical Outlook
BUY CORIANDER OCT ABOVE 5274 TARGET 5304/5334/5064 SL 5244
BUY TURMERIC OCT ABOVE 6688 TARGET 6718/6738/6768 SL 6658
BUY GUARGUM5 OCT ABOVE 9430 TARGET 9460/9490/9530 SL 9400
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