Daily Agri Report by www.epicresearch.co - 26th MARCH 2013
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Turmeric prices moved down by 2.18 per cent to Rs 6,722 per quintal in futures trade. However, speculation of lower output estimates and firm spot demand, limited the fall. At the National Commodity and Derivatives Exchange, turmeric for delivery in April declined by Rs 150, or 2.18 per cent, to Rs 6,722 per quintal, with an open interest of 20,485 lots.
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 Soybean Apr
Below 3614
TGTS- 3580/3540
SL-3640
Sell Rmseed Apr
Below 3429
TGTS- 3400/3370
SL-3450
ANALYSIS
DAILY SOYABEAN CHART
OPEN: 3625
HIGH: 3668
LOW: 3615
CLOSE: 3651
* SOYABEAN LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: BUY ON DIPS
DAILY CHANA CHART
OPEN: 3350
HIGH: 3371
LOW: 3331
CLOSE: 3332
* CHANA LOOKS SIDEWAYS
* TREND: CONSOLIDATE
* STRATEGY: SELL ON RISE
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