In this current monsoon season the only crop with negative acreage and production over last year is likely to be sugar cane whose area is expected to decline by 6.27 per cent and its production is likely to decline by..
Support for NCDEX wheat is seen at 1470 while 1580 is the resistance. Traders may buy around 1500 with the stop loss of 1470 for target 1580. Intra-day traders may buy above 1545 level with st..
“Support for the commodity is seen at 1130 while 1205 is the resistance. Traders may sell around 1175 with the stop loss of 1205 for the target of 1130,” noted Milan.
So far Punjab has led the procurement 105,90,390 tons followed by Haryana with 57,95,213 tons and Madhya Pradesh with 56,25,527 tons.
