Last Updated :
22 July 2011 at 16:25 IST
'Speculation, festive season demand pulling up coriander'
AHMEDABAD (Commodity Online): Coriander is turning out to be heavily bullish and may hit Rs.7000-8000 levels in the coming fortnight, said Ankit Modi of Edelweiss.
The commodity has been hitting upper circuit time and again and festive season demand combined with positive speculation can drive the commodity further up, analysts say.
August contract coriander was seen trading at Rs.6082 hitting the upper circuit in the afternoon after touching a low of Rs.5976.
Other contracts of coriander too followed suit.
The commodity thus has extended the bull run it exhibited in the last week.
NCDEX GOLDJUN2012 04 June 2012
contract was trading at
Rs 0 . What's your view on it?
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