23-06-2015
COMMODITY
OPEN
CASTORSEED
3996
DHANIYA TURMERIC
LOW
CLOSE
4009
3923
3986
11945
12090
11620
12085
7090
7090
6850
6960
4068
4078
3972
4038
JEERAUNJHA
15930
15980
15510
15900
CHANA
4268
4302
4114
4187
1110.00
1135.80
1097.00
3515
3408
RMSEED
MENTHAOIL SYBEANIDR
3507
HIGH
1104.00 3459
 Turmeric settled down as the sowing is expected to pick up gradually as rains in growing areas of Andhra Pradesh and Tamil Nadu kept possibilities of improved sowing. But improved Monsoon reports amidst expectations of improved sowing in coming days prevented any strong recovery. Turmeric growing regions like Madhya Maharashtra, Coastal A.P, Telangana, Rayalaseema, Tamil Nadu, and Karnataka received normal rainfall. Turmeric sowing likely to start in these regions.  Jeera settled down account of surge in supply from the major producing regions. According to latest spice board press release, cumin export is stood at 155,500 tonnes for 2014-15 period and earned foreign exchange worth Rs 1,838.20 crore while in 2013-14, the figures stood at 121,500 tonnes valued at Rs 1,600 crore. There is concern over production due to untimely rainfall in March in Gujarat and Rajasthan. As per Government data, 2.41 lakh hectare of cumin crop is damaged in Rajasthan.
CHANA TECHNICAL UPDATE NCDEX CHANA JULY 2015
RESEARCHER VIEW The above Daily chart of CHANA suggests that prices have reverse after taking resistance level. RSI is in a Sell mode. We expect prices to correct up to levels of 4100 .
JEERA TECHNICAL UPDATE NCDEX JEERA JULY 2015
RESEARCHER VIEW The above Daily chart of JEERA suggests that prices have reverse after taking resistance level. RSI is in a Sell mode. We expect prices to correct up to levels of 15700.
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