NCDEX Chana Tips
Chana futures fell for the second straight session on Thursday, a day before the expiry of the near-month contract and tighter regulations to curb excessive speculation. Inability to trade above 4400, then a near term price correction is seen towards 4150 followed by 4120 levels. If NCDEX Chana break 4200 level with volume it can test 4050 in coming session while if it hold 4200 level we can expect chana to bounce back from this level to 4295/4335 level while upside break is above 4350 level.
NCDEX Jeera Tips
Jeera futures rose as reduced spot supplies and a pickup in local demand outweighed falling export demand following a steady rise in prices. In Unjha, spot price rose 100 rupees to 13,753 rupees per 100 kg. Production of Jeera. NCDEX Jeera is trading in a bullish form. Technically it has resistance level of 14150 and a support level of 13600. According to our research report Jeera will trade between these levels. An intraday trader should Buy NCDEX jeera above 14100 level.
NCDEX Pepper Tips
Pepper futures prices are projected to witness volatile movement du to lack of active trade participation. Buyers and sellers both are not interested in delivery through exchange due to newly introduced procedures. Pepper futures slipped on subdued export demand for Indian origin pepper, which is costlier than its overseas competitors. NCDEX Pepper is again trading in consolidate pattern. Now it has resistance level of 38600 and a support level of 37700. According to our research report pepper will trade between these levels. An intraday trader should Sell NCDEX pepper at higher price.
Free NCDEX Commodity Tips For Today
| Commodity | Exchange | Contract | Action | Target 1 | Target 2 | Stoploss |
| Chilli | NCDEX | June | Buy Above 4810 | 4850 | 4900 | 4775 |
| Turmeric | NCDEX | June | Buy Above 4140 | 4180 | 4220 | 4110 |
| COCUDAKL | NCDEX | June | Buy Above 1225 | 1245 | 1265 | 1215 |
| Soya bean | NCDEX | June | Sell Below 3380 | 3350 | 3310 | 3405 |
| Cardamom | NCDEX | June | Sell Below 734 | 730 | 725 | 736 |
| Soya oil | NCDEX | June | Sell Below 3865 | 3835 | 3800 | 3890 |
