Short term high volatility is likely to continue with a slight negative
bias for Indian agri commodities as traders wait for the demand to start
rising over the next few weeks.
Sentiments are bearish for the Agri-commodities as strong demand is
absent amidst high arrivals in mandis which suppressed the prices.
The initial uptrend in Spices too could not be sustained as prices fell
across Oil complex, Pulses and Guar. NCDEX Turmeric and NCDEX Jeera did trade at
strong support levels though. But lack of export demand is keeping
pressure on prices.
Free MCX NCDEX Tips :
BUY ALUMINIUM AT CMP-104.80 103.50 TGT 107
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