Agri Commodity Outlook For Tomorrow

Jeera: Jeera is expected to trade weak in near term.


Pepper: Future prices are showing negative trend. Buying is recommended for intraday profit if prices show some bullishness.

Guar: Guar seed is likely to trade positive at initial stage.

Turmeric: Traders can expect April future to trade range bound in intraday. It is more likely to remain bearish.

Chana: Bearish tone was seen today. Chana prices may trade still negative.

Soybean: Short term traders should trade as per momentum. Prices may trade more at down side.

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Agri Commodity- NCDEx Outlook For Wednesday 27 October 2010

Turmeric: Turmeric looks strong for short run as 4% upper circuit was seen today on heavy buying. Still though, some more buying is expected in near term.

Pepper: Robust buying and fresh demand in spot market kept Pepper prices bullish these days. Buying is recommended for medium term at this stage.

Guar: Supportive spot prices keep Guar futures bullish. Trading as per momentum and fresh fundamentals may be the best strategy in intraday trading.

Mentha: Lower crop expectations kept Mentha prices bullish. However, there is no selling signal. Buying at this level is bit risky for long term traders. Intraday traders can trade as per momentum.

Chana: Marginal loss was reported today during closing session. Bearish mode can drive Chana prices towards red zone. Buying is not recommended in Chana. Selling below 2410 may be good deal for short term profits.

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