Wednesday, March 30, 2016

Agri Commodities Market Update Today : 30 March

Turmeric April futures traded on a slipped on Tuesday (5.00pm) at India's National Commodity & Derivatives Exchange (NCDEX). NCDEX Turmeric trading range for the day is 8170-8622. Market sources however expect further fall to be limited as summer season North Indian demand and export demand are expected to pick up in coming weeks. 

Buy Turmeric @8350, SL-8150,TGT- 1 / TGT- 2-8550/ 8880 

Chana futures traded on a Negative note decreased demand on Tuesday (5.00PM). Chana May l contract lost -0.36% to 4467 levels. NCDEX Chana trading range for the day is 4385-4583. But an overall fall in Pulses production reports could also keep overall sentiments firm for the commodity. 

BUY Chana @4430,SL-4380,TGT- 1 / TGT- 2-4480/ 4540 

The NCDEX Soyabean April futures slipped by -1.77% in the last trading to close at 3994 level till Tuesday closing. Ref.Soya oil trading range for the day is 636-648. NCDEX Soyabean trading range for the day is 3933-4119. NCDEX accredited warehouses soyabean stocks gained by 121 tonnes to 41132 tonnes. 

SELL Soyabean @4040, SL-4090, TGT- 1 / TGT- 2-3990/ 3940 

Commodity NCDEX Tips

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