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• Jeera trading strategy for second week of May
• Chilli and Cardamom uptrend will continue: Karvy
• MCX Copper gains, resistance at Rs.425.20/427.70:Angel
• MCX Crude oil rises, resistance at Rs.5465/5486:Angel

Soya refined oil settled down by 0.74 percent to Rs.679.45 due to selling pressure in the future market and negative dollar price in forex market.

Soybean production is estimated at 3.056 billion bushels, up 10 million based on increased yields.

Global oilseed production for 2011/12 is projected at 457.4 million tons, down 0.3 million tonnes.

SELL NCDEX SOYAOIL (FEB) BELOW 685 SL 688 TGT 675

R1 688 R2 695 S1 680 S2 675.

Looking for Trading Advisories? Visit tips.commodityonline.com

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