Friday, December 17, 2010

Agro Commodity Outlook for Tomorrow

Jeera: Jeera is expected to trade weak tomorrow at initial levels.

Pepper: Future prices are showing mixed trend. Profit booking is expected to take place soon.

Guar: Guar seed is likely to trade bullish. Short term traders should trade as per momentum.

Turmeric: Traders can buy April future near 9850.

Chana: up trend was seen today. Bullish mode can drive Chana prices towards 2515 levels in short run.

Soybean:

Short term traders can sell as momentum towards downside is expected to take place.

Mentha: Intraday traders can sell December future as prices are expected to fall on short selling.

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Posted By Commodity MCX Tips