Friday, July 17, 2015

NCDEX Chana, NCDEX Soyabean at Bullish Note Today – 16 July 2015 || Commodity Best Tips

Moderate weakness persisted for most Agri commodities as prospects of improved rainfall activities over Central and North-West India over next 2-3 days kept pressure on the market sentiments.

Bearishness in International markets kept trend weak for Oil complex as Chana, Guar too failed to show strong recovery as slight weak sentiments continued to prevail.Lower rains in July so far had supported the falling market rates to some extent.

NCDEX Chana Tips

High volatility persisted for Jeera as low demand in mandis kept trend slight down. Turmeric traded sideways as demand faltered at the higher levels and some profit booking setting in limited the uptrend.

Overall trend has turned bullish for NCDEX Chana futures. Chana July contract is likely to trade bullish for both short term and intra day. Bullish trend is likely for NCDEX Soybean futures in short term told by Commodity MCX NCDEX Calls Experts.

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