Friday 9 November 2012

Agri Commodity Tips,Ncdex Agri Tips, Ncdex Trends For 09 Nov

SELL MENTHAOIL (DEC.) BELOW 1182

TG-1177

SL-1187


BUY ZINC (NOV.) ABOVE 104

TG-104.50

SL-103.40


CHANA (20 DEC.) 
TREND: CONSOLIDATE
RES 1: 4370
RES 2: 4400
SUPP 1: 4300
SUPP 2: 4250
STRATEGY: SELL ON HIGHS

SOYABEAN (20 DEC.) 
TREND: CONSOLIDATE
RES 1: 3370
RES 2: 3415
SUPP 1: 3320
SUPP 2: 3270
STRATEGY: BUY ON DIPS


TURMERIC (20 DEC.) 
TREND: BEARISH
RES 1: 5200
RES 2: 5275
SUPP 1:5100
SUPP 2: 5020
STRATEGY: SELL ON HIGHS


RMSEED (20 DEC.) 
TREND: CONSOLIDATE
RES 1: 4260
RES 2: 4300
SUPP 1: 4170
SUPP 2: 4100
STRATEGY: SELL ON HIGHS

Black pepper un-garbled offered at Rs 40,000 per quintal and MG-1 at Rs 41,000 a quintal in spot market. Traders say, black pepper is not being purchased by NCDEX warehouses at Kochi. Exchange has a complaint that some spot traders have deposited low quality black pepper in the warehouse. Exchange says that we are probing against the complaint. This low quality black pepper is around 2,000-2,500 tons and it costs Rs 100 crores.

Mentha oil offered down Rs 5-10 a kg in different spot markets on Thursday. However, mentha oil futures traded slightly up. Arrival reported 400 drums in different spot markets.

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