Thursday, March 1, 2012

NCDEX ~ Agri Commodity Market Updates, NCDEX Live Tips

Turmeric futures (April) is likely to hold support above 4,700 levels. Jeera futures may remain sideways facing resistance near 14,400 levels. Chilli futures (Apr) is likely to trade higher tracking higher quoting spot markets. Pepper futures may show some limited gains as profit booking from such high levels cannot be denied. Soybean futures may trade higher surpassing 2680 levels, supported by good export demand of oil meals & higher quoting spot prices. Chana futures may trade sideways with a weaker bias and remain below 3,800 levels tracking weakness in spot markets.

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