Free AgriCommodity Market Outlook and Trading Tips


Posted October 14, 2014 by CommodityTips

We are trying to put trading information for you, so you can know about our accuracy before taking our services. By visiting us you also can get free trials for check our accuracy level. Here this press release provides you market wrap for today.

 
Agri Commodity Market Update:
• Menthe Oil future picked up by 1%, on strong spot demand.
• Soybean future fell by 1.29%, on weak spot market demand.
• Castor Seed future fell by 0.35%, on subdued demand in mkt.

Cardamom future moved up by 0.72%, as traders created fresh position on strong market demand. Soybean future went lower by 1.29%, as speculators reduced their exposure tracking weak trend overseas. Dhaniya future closed flat to positive note up by 0.06%. Chana future closed up by 0.31%, on firm demand in the physical market.

Technical View of CARDAMOM (NOV)
Trend: Consolidate
Strategy: Buy on Dips
Resistance: R1-857:R2-874
Support: S1-932; S2-913

Technical View of CASTOR SEED (NOV)
Trend: Consolidate
Strategy: Sell on High
Resistance: R1-4565: R2-4655
Support: S1-4430: S2-4340

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Last Updated October 14, 2014