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:
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

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

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Posted By Commodity MCX Tips