CHANA (17 AUG.)
TREND:
CONSOLIDATE
RES 1: 4775
RES 2: 4850
SUPP 1: 4675
SUPP 2: 4585
STRATEGY:
SELL ON HIGHS
SOYABEAN (17
AUG.)
TREND:
CONSOLIDATE
RES 1: 4920
RES 2: 5000
SUPP 1: 4750
SUPP 2: 4660
STRATEGY:
BUY ON DIPS
TURMERIC (17
AUG.)
TREND:
BULLISH
RES 1: 6650
RES 2: 6800
SUPP 1: 6400
SUPP 2: 6225
STRATEGY:
BUY ON DIPS
RMSEED (17
AUG.)
TREND:
BULLISH
RES 1: 4525
RES 2: 4600
SUPP 1: 4440
SUPP 2: 4375
STRATEGY:
BUY ON DIPS
Desi chana declined further between Rs 25-50 per quintal in major trading centers of Maharashtra, MP, UP and Rajasthan on sluggish physical trade coupled with sharp reduction at close on future exchanges.
Turmeric quoted higher Rs 100-200 per quintal in Nizamabad and Sangli on limit up gains in futures and stockists’ demand. Erode market was closed today.
