Thursday, March 15, 2012

NCDEX Live Updates (Tips and Trend): 16th March '12

NCDEX, NCDEX Live, NCDEX Tips, NCDEX Trend, NCDEX Chana, NCDEX Jeera, Free NCDEX tips, NCDEX soyabean, Guarseed, free commodity tips, agri trading tips, commodity intraday tips

NCDEX Chana Tips

Indian chana futures ended higher for the second straight session tracking the firm trend in spot markets due to delayed and lowerthan-expected arrivals in Rajasthan. In the Delhi spot market, chana rose 41 rupees to 3,596 rupees per 100 kg.

NCDEX Guar Seed

Indian guar seed futures rose 4 percent, the maximum daily permissible limit, to hit a record high on lower availability of commodity amid good overseas demand. In the Jodhpur spot market, guar seed rose 1,012 rupees per 100 kg.

NCDEX Pepper Tips

Pepper futures ended lower on profit-taking but a squeeze in daily supplies due to lower output and dwindling stocks restricted the downside. Supplies are low in the domestic market as farmers have been holding back stocks anticipating further price increases. In the Kochi spot market in Kerala, pepper gained 254 rupees to 40,132 rupees per 100 kg.

NCDEX Jeera Tips

Jeera futures in India rebounded from a fresh contract low hit for the fourth straight session early on Wednesday on some bargain buying triggered by firm spot market but the trend still remains weak because of rising fresh supplies. In Unjha, jeera gained 238 rupees to 13,496 rupees per 100 kg.

 

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