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Soybean Feb contract to trade sideways. Epic Commodity Research has come out with its report on Soybean. The research firm expect Soybean February contract to trade sideways to higher. Any intraday corrective declines cant be ruled out. Soybean future prices ended higher at NCDEX on improvement in global and domestic demand and holding of stocks by farmers. Also, higher closing at BMD
Trading tip:
supported the price move. Chilli, jeera prices recover as demand picks up
Red chilli and jeera prices recovered by Rs 100 per quintal in the national capital today largely on the back of a pick-up in demand from local parties as well as overseas enquiries. Red chilli prices rose by Rs 100 to settle at Rs 6,800-11,900 per quintal. Jeera common and jeera best quality also traded higher by Rs 100 each to conclude at Rs 14,400-14,600 and Rs 17,400-18,000 per quintal.
EXPERT OPINION
S1 3,523 3,441 3,241 13510 S2 3,471 3,398 3,191 13390 R1 3,612 3,551 3,354 13750 R2 3,671 3,598 3,401 13900
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA PRODUCT CHILLI NAME Chana GUR Chilli JEERA Gur KAPAS Jeera PEPPER REFKapas SOYA Pepper SOY BEAN Ref Soya TURMERIC Oil Soy Bean WHEAT Turmeric Wheat New
7/19/2012 EXP DATE 7/19/2012 19-Apr-13 7/19/2012 20-Mar-13 7/19/2012 20-Mar-13 7/19/2012 20-Mar-13 7/19/2012 29-Mar-13 7/19/2012 20-Feb-13 7/19/2012 20-Feb-13 7/19/2012 20-Feb-13 7/19/2012 19-Apr-13 20-Feb-13
4556
-28 CHANGE -102 -9 -5.5 40 -252.5 2 -8 -50 45 -15.5 -1.55 300 12 6.1 -124 19 36 -122 -14
-0.61 PERCENTAGE -1.99 CHANGE -0.25 -0.46 0.6 -1.68 0.18 -0.76 -0.37 0.11 -1.73 -0.2 0.81 0.28 0.84 -2.66 0.58 2.89 -1.95 -0.91
OPEN 5060 3585 1188 6744 14955 1106 1044 13700 42300 896 780.5 37065 4309 730.85 4600 3266 1251 6234 1533
6714 14800 1107 1041 13640 42435 880 781.3 37400 4315 734.3 4540 3293 1282 6128 1519
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ANALYSIS
OPEN: 3275 HIGH: 3297 LOW: 3275 CLOSE: 3293
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ANALYSIS
OPEN: 3576 HIGH: 3597 LOW: 3556 CLOSE: 3567
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