24-06-2015
COMMODITY
OPEN
CASTORSEED
3969
DHANIYA TURMERIC
LOW
CLOSE
4021
3957
3975
12050
12400
11917
12240
6950
7126
6880
6972
4044
4087
4000
4064
JEERAUNJHA
15890
16050
15720
15905
CHANA
4165
4165
4025
4109
1098.00
1106.70
1068.70
3520
3461
RMSEED
MENTHAOIL SYBEANIDR
3469
HIGH
1076.90 3479
Mustard Seed settled down by tracking weakness in export demand amid progressive monsoon rains. Buying interest for mustard meal and Mustard oil failed to improve in physical market. Rains in Rajasthan in past few sessions had prompted more of growers to sell their produced in the physical markets so as to avoid quality losses. Ref Soya Oil settled down by higher arrivals of the oil in month of May following robust imports data. India soybean oil imports more than doubled in May after local demand of edible oils rose due to lack of domestic crushing, data release from the Solvent Extractors Association (SEA) of India showed. India's Soyoil imports surged to 275,150 tons in May compared to 100,605 tons for the same period a year ago, data released by the SEA of India showed. According to the USDA, India’s soya oil imports have increased from 2.00 million tonnes to 2.225 million tonnes for 2014/15, resulting in a rise of 2.5 lakh, and change in ending stocks to 3.00 Lakh tons from 2.65 lakh tons.
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 4050 .
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 15600.
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