NCDEX TIPS | TODAY AGRI COMMODITY MARKET UPDATE 29 NOV 2016.

AGRI   COMMODITY MARKET OUTLOOK

Jeera Dec NCDEX: While prices trades above the support of 18600 could continue upside rallies to 19250 followed by 19500/19800 levels for the day. However, mild dips may be anticipated towards 18700 levels before resuming the upside moves.

Soybean Dec NCDEX: As prices broke the descending trend channel resistance at 3100 could see short covering rallies continue towards 3185 followed by 3200 and then to 3280 levels. However, unable to trade above the 13 day EMA resistance of 3173 could see profit booking towards 3100 levels.

COMMODITY MARKET UPDATE

NCDEX Market update:-

JEERA

PP- 19083

R1- 18402                                              S1-18877

R2- 18608                                              S2-18558

TURMERIC

PP- 7305

R1- 7399                                                S1-7223

R2- 7481                                                S2-7129

CORIANDER

PP- 8239

R1- 8328                                                 S1-8178

R2- 8389                                                 S2-8089

SOYABEAN

PP- 3148

R1- 3169                                                 S1-3133

R2- 3184                                                 S2-3112

MUSTERED OIL

PP- 4762

R1- 4857                                                S1-4706

R2- 4913                                                S2-4611

GAUR SEED

PP- 3350

R1- 3386                                               S1-3326

R2- 3410                                               S2-3290