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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