Thursday, January 13, 2011

Agri Commodity Outlook for tomorrow 14th Jan 2011

Pepper: Pepper traded sideways today but looks weak, traders can go short below today’s low.

Guar seed and Gum both are trading on higher side, profit booking is expected traders must wait for making any buying positions.

Kapas: Traders can buy April future for short term as it is expected to rise.

Chana: Chana is trading sideways but looks bullish for coming days.

Cardamom: Future prices are showing sideways trend. Buying is recommended above 1500.

Soybean: Soya Bean and Oil are trading in range breakout from the range will give any more further direction. Basic movement is dependent on International markets

Today Sugar has seen bottom buying and further pull back is expected traders can go long in Sugar Jan contract.


Posted By Commodity MCX Tips