Last Updated :
February 13, 2012 11:30
NCDEX jeera rises, support at Rs.14350-14500: Angel
Jeera prices in the intraday are expected to witness selling pressure due to dull demand from the overseas and domestic buyers. Also, favourable weather conditions and thereby better crop expectation may support bears in the market.
In the long term (March to April 2012) prices are likely to take cues from the crop growth status and weather in the growing regions.
According to earlier crop estimates output is expected to increase by 20%. This might pressurize jeera prices in the above mentioned period.
Jeera NCDEX Mar Futures Rs/qtl support: 14350-14500 resistance: 14850-15000
Looking for a trading partner? visit commodityonline.com/franchisee
NCDEX RAPEMUSTARDSEEDJUL12 20 July 2012
contract was trading at
Rs 0 . What's your view on it?
