Wednesday, May 30, 2012

NCDEX Tips, Trend and Live Price For Today

NCDEX Pepper Tips

NCDEX Pepper futures fell as high domestic prices kept export demand at bay. Industry officials estimate 43,000-45,000 tons of local pepper output in 2012, compared with 49,000 tons last year. At Kochi, spot pepper was up 43 rupees to 39,575 rupees. Pepper futures prices are projected to trade on mixed to volatile note on back of prevailing speculative activities.


NCDEX Jeera Tips

NCDEX Jeera futures gained on shrinking supplies. In Unjha, a key market in the western state of Gujarat, the spot price fell 18.5 rupees to 13,444 rupees. Arrivals at Unjha fell to around 10,000-12,000 bags of 60 kg each from 15,000-17,000 bags daily at the start of this month. A firm support is seen at 12500 levels, holds above the same may see a pullback rally.


NCDEX Chana Tips

NCDEX Chana futures rose for a third consecutive session on Tuesday on thin domestic supplies. Production of pulses in India is expected to fall by 5.3 percent to 17.28 million tons in the current crop year ending in June, according to the farm ministry. In the Delhi spot market, Chana rose 114 rupees to 4,364. If prices are able to sustain above 4265 levels, then an upside momentum could see towards 4400 levels.


Free NCDEX Tips For Today

Commodity
Strategy
Levels
Target 1
Target 2
Stop-Loss
Chilli (Jun)
Hold Buy
4830-4840
4900
4950
4795
Jeera (Jun)
Buy Above
12830
12980
13130
12720
Turmeric (Jun)
Buy Above
3760
3790
3420
3730
COCUDAKL (Jun)
Buy Above
1150
1175
1200
1130
Chana (Jun)
Sell Below
4265
4230
4190
4290
Cardamom (Jun)
Buy Above
1355
1375
1400
1340
Soya bean (Jun)
Buy Above
3360
3390
3420
3340
Soya oil (Jun)
Buy Above
735.5
738
741
734.8
Mustard seed (Jun)
Buy At 3750
--
3775
3800
3735
 
 

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