NCDEX Trend
After the government's tough stance on NCDEX declined faster in most agri-commodities. NCDEX Trend says that Gram, mustard and soybeans declined from 1.5 to 3.5 per cent. Wheat, edible oil and sugar is also dominated by sellers. Trend suggest that NCDEX wheat at 2 per cent, 1.5 per cent in Soyatel and sugar declined by 1 per cent. Turmeric is served by 4 per cent lower circuit. Cumin, black pepper and red pepper futures are also down. 2.5 per cent on the NCDEX cumin, black pepper and cayenne pepper to 1 per cent were down 1 per cent. NCDEX Trend is looking consolidate for most of agri commodities.
NCDEX Live Price
|
Commodity
|
R1 |
R2 |
S1 |
S2 |
|
Pepper
NCDEX Aug-12
|
44450 |
44850 |
43321 |
43480 |
|
Turmeric
NCDEX Aug-12
|
6610 |
6560 |
6380 |
6450 |
|
Jeera
NCDEX Aug-12
|
17210 |
17040 |
16150 |
16050 |
|
Chilli
NCDEX Aug-12
|
6046
|
5956
|
5752
|
5724
|
|
Cardamom
MCX Aug-12
|
1479
|
1460 |
1375 |
1365 |
NCDEX Tips
- NCDEX Soybean (August futures): Sell - 4730-4740, stoploss of Rs - 4780 and the target - 4660
- MCX cardamom (June futures): Buy - 1400-1410, stoploss of Rs - 1340 and the target - 1535
