In NCDEX Chana, below 4150, we may see selling pressure towards 4090 levels.
In NCDEX Oilseed and edible oil futures witnessed a weak trade during the last trading session. Soybean futures opened firm in line with the international markets to mark day high. However, sharp selling was seen at higher levels with no major demand in markets. Abiding the weak cues from futures market soybean ruled weak in the major markets of Madhya Pradesh and Maharashtra. In major markets of Madhya Pradesh i.e. Indore soybean traded at 3427 per 100 kg. While in Maharashtra i.e. at Nagpur it traded at Rs 3468 per 100 kg and in kota at Rs.3508.6 Hence Soybean plants rates quoted mixed to weak witnessing down move in range of Rs.38-42 in major mandis, whereas witnessed up move in the range of 0-26 in other mandis. Soybean arrivals stood steady in Madhya Pradesh and reported at 25,000 bags on Saturday compared.
In NCDEX Oilseed and edible oil futures witnessed a weak trade during the last trading session. Soybean futures opened firm in line with the international markets to mark day high. However, sharp selling was seen at higher levels with no major demand in markets. Abiding the weak cues from futures market soybean ruled weak in the major markets of Madhya Pradesh and Maharashtra. In major markets of Madhya Pradesh i.e. Indore soybean traded at 3427 per 100 kg. While in Maharashtra i.e. at Nagpur it traded at Rs 3468 per 100 kg and in kota at Rs.3508.6 Hence Soybean plants rates quoted mixed to weak witnessing down move in range of Rs.38-42 in major mandis, whereas witnessed up move in the range of 0-26 in other mandis. Soybean arrivals stood steady in Madhya Pradesh and reported at 25,000 bags on Saturday compared.
Free NCDEX Commodity Tips For Today
| Commodity | Strategy | Levels | Target 1 | Target 2 | Stop-Loss |
| Chilli (Jun) | Sell | Below 4600 | 4550 | 4500 | 4635 |
| Chana (Jun) | Sell | Below 4140 | 4100 | 4060 | 4170 |
| Jeera (Jun) | Sell | 12600-12630 | 12400 | 12200 | 12730 |
| Turmeric (Jun) | Sell | Below 3575 | 3540 | 3500 | 3605 |
| COCUDAKL (Jun) | Sell | Around 1100 | 1080 | 1060 | 1110 |
| Cardamom (Jun) | Buy | Above 1330 | 1350 | 1370 | 1315 |
| Soya bean (Jun) | Sell | Below 3300 | 3250 | 3200 | 3335 |
| Mustard seed (Jul) | Sell | Below 3700 | 3650 | 3600 | 3735 |
