NCDEX AGRI COMMODITIES DAILY TECHNICAL REPORT……!!!! 17-JANUARY-2014
NCDEX DAILY Newsletter (17-Jan- 2014)
AGRI COMMODITY DAILY WRAP UP‌..!!!! JEERA FUTURE Festival in Gujarat kept trading activities low for Jeera in mandis.Spot remained down but possibilitiesof adverse weather in Rajasthan could support the market sentiments to some extent. Cold weather re-ports from growing states of Gujarat and Rajasthan have so far kept trend weak for Jeera as the crop growth reports are good.
GUARSEED FUTURE After the recent rise in rates for Guarseed, profit booking at the higher levels brought some dips to the rising rates. Traders are reportedly waiting for some more corrections in prices but the export demand is likely to pick up once, some more corrections are there. Traders feel present rates are on the lower side. A strong Dollar vs Rupee could aide in the exports favorably.
TURMERIC FUTURE Prices seem to find some strong support at these levels even as low trading activities prevented any strong upside movement for the commodity. With new crop arrivals there, the uptrend has been limited. Traders however anticipate present rates are very low and some more recovery cannot be ruled out in coming days once exports start picking up again.
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NCDEX DAILY Newsletter (17-Jan- 2014)
NCDEX OIL & OIL SEEDS DAILY TECHNICAL LEVELS DHANIYA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY DHANIYA FEB ABOVE 8250 TGTS 8280 / 8330 SL 8200 SELL DHANIYA FEB BELOW 8070 TGTS 8040 / 7990 SL 8120
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NCDEX DAILY Newsletter (17-Jan- 2014)
NCDEX PULSES DAILY TECHNICAL LEVELS CASTORSEED HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CASTORSEED FEB ABOVE 4445 TGTS 4475 / 4505 SL 4395 SELL CASTORSEED FEB BELOW 4370 TGTS 4340 / 4290 SL 4420
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NCDEX DAILY Newsletter (17-Jan- 2014)
NCDEX SPICES DAILY TECHNICAL LEVELS CHANA HOURLY CANDLESTICK CHART
TRADING STRATEGY: BUY CHANA FEB ABOVE 3135 TGTS 3165 / 3215 SL 3085 SELL CHANA FEB BELOW 3095 TGTS 3065 / 3015 SL 3145
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NCDEX DAILY Newsletter (17-Jan- 2014)
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NCDEX DAILY Newsletter (17-Jan- 2014)
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