Daily Ncdex Newsletter 6 June 2013

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Transcript of Daily Ncdex Newsletter 6 June 2013

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    Daily Newsletter- AGRI COMMODITY6 UNE 2013

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    MARKETWRAP Turmeric hit lower circuit by 2% @ 5650.

    Guargum hit lower circuit by 4% @ 22780 in today trading session.

    Dhaniya down by 0.64% @ 6716.

    Turmeric hit lower circuit by 2% @ 5650 after breaking an important support level 5696

    Guargum hit lower circuit by 4% @ 22780 after breaking an important support level

    23060 and Guarseed also hit lower circuit by 4% @ 7390 after breaking an important

    support level 7500.Jeera also down by more than a percent.

    DAILY MARKET UPDATE:-

    COMMODITY P.CLOSE LAST CLOSE NET CHANGE % CHANGE

    SOYABEAN (19JULY2013 )3729.00 3755.00 26.00 0.70

    REFINED SOYA OIL (19JULY2013 )689.90 693.90 4.00 0.50

    DHANIYA (19JULY2013 )6759.00 6716.00 -43.00 -0.64

    JEERA (19JULY2013 )13320.00 13140.00 -180.00 -1.35

    TURMERIC (19JULY2013 )5764.00 5680.00 -84.00 -1.46

    CHANA (19JULY2013 )3238.00 3222.00 -16.00 -0.49

    GUARSEED (19JULY2013 )7690.00 7390.00 -300.00 -3.90

    GUARGUM (19JULY2013 ) 23720.00 22780.00 -940.00 -3.96

    CASTORSEED (19JULY2013 )3336.00 3406.00 70.00 2.10

    RMSEED (19JULY2013 )3535.00 3517.00 -18.00 -0.51

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    TECHNICALVIEW

    CHANA (JULY)

    CONSOLIDATE

    SELL ON HIGHS

    TREND

    STRATEGY

    3290

    3320RESISTANCE

    3190

    3180SUPPORT

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    TURMERIC (JULY)

    CONSOLIDATE

    SELL ON HIGHS

    TREND

    STRATEGY

    5820

    5890RESISTANCE

    5490

    5390SUPPORT

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    SOYABEAN (JULY)

    CONSOLIDATE

    BUY ON DIPS

    TREND

    STRATEGY

    3780

    3820RESISTANCE

    3700

    3640SUPPORT

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    RMSEED (JULY)

    CONSOLIDATE

    SELL ON HIGHS

    TREND

    STRATEGY

    3540

    3550RESISTANCE

    3510

    3500SUPPORT

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