Daily Agri Report by www.epicresearch.co - 22nd MARCH 2013
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Turmeric farmers in the district are in dire straits as they are not getting profitable price to their produce with traders allegedly forming a cartel to rig the turmeric price. Though the price per quintal this year gradually improved and settled between Rs.7,000 and Rs.7,500 it is far below the Sangli market price. In Sangli of Maharashtra, farmers are reportedly getting a maximum of Rs.12,000 per quintal.
Chana likely to witness steady tone in coming days
Epic Research has come out with its report on agri commodities. According to the research firm, Chana prices are likely to witness steady tone in coming days. Chana open up and later dwindle through profit booking. At Delhi market, Rajasthan and MP line chana stayed steady at Rs 3,500 a quintal
TRADING TIP :
Sell Chana Apr
Below 3415
TGTS- 3380/3340
SL-3440
Buy Turmeric Apr
Above 6890
TGTS- 6920/6950
SL-6860
ANALYSIS
DAILY SOYABEAN CHART
OPEN: 3508
HIGH: 3538
LOW: 3508
CLOSE: 3535
* SOYABEAN LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: BUY ON DIPS
DAILY CHANA CHART
OPEN: 3434
HIGH: 3449
LOW: 3419
CLOSE: 3421
* CHANA LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: SELL ON RISE
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