NCDEX Jeera mild recovered its previous falls on short covering
NCDEX Jeera future prices staged a moderate recovery from last day due to short covering but prices failed to hold above the 14380 mark. if the prices sustain above near resistance of 14400, it may further recover. It holds a strong support near 14100. Buy above near resistance is recommended for today’s trading session as today’s NCDEX Tips.
NCDEX Dhaniya prices hit 4% upper circuit on lower arrivals in the spot market
NCDEX Dhaniya futures opened with positive note and traded upside most part of the day later on afternoon session Dhaniya prices rose by 307 per quintal up by 4% as against its previous closed. If the prices breach the near resistance of 7900, we can see more fresh buying during the today’s trading session. Buy on dips is recommended for the day today’s NCDEX Tips.
NCDEX Guar seed hit 4% lower circuit on weak demand
Guar seed futures opened with 4% lower circuit but could not sustain at lower levels and prices mild recovered in the 1st half trading session. During the trading session guar seed prices traded both side. Trade ended the day at Rs. 3190 per quintal down by 1.48% as against its previous closed. If the prices breach near resistance of 3230 then it will move towards 3300/3400. Buy on dips is recommended for today’s trading session today’s NCDEX Tips.