Thursday, June 25, 2015

NCDEX Turmeric Future Bearish : 24 june 2015 || NCDEX Soyabean and NCDEX Chana Updates

The sowing of Turmeric crop is expected to pick up gradually as rains in growing in the areas of Andhra Pradesh and Tamil Nadu kept possibilities of improved sowing. But with prices having fallen a lot, some bounce back too is possible in the price. NCDEX Turmeric Future Bearish is maintaining lower price range since one week.

NCDEX Turmeric July contract was moving down by -0.55 per cent to 6926 level on Tuesday.

#NCDEX Turmeric Short term July contract is seen at 6200 and resistance at 7600. Support - Intra day seen at 6950 and resistance at 7060. Agri Future trend is expected to come down as rainfall is seen in the major parts of India. Market trend is deducted now by Monsoon in North-West this week.

NCDEX Turmeric


#Buy NCDEX Soyabean, Trading at 3450 ,Stop-loss-3410 ,T1/T2-3490/ 3530 
#Sell NCDEX Chana, Trading at 4150, Stop-loss-4190 ,T1/T2-4110/ 4060

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