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13-10-2015
COMMODITY OPEN HIGH LOW CLOSE
CHANA 5117 5214 5071 5209
CASTORSEED 4151 4174 4102 4128
RMSEED 4856 4955 4830 4947
SYBEANIDR 3800 3848 3775 3825
JEERAUNJHA 11900 16314 16065 16100
MENTHAOIL 880.70 880.70 860.00 861.90
TURMERIC 8080 8226 8064 8110
DHANIYA 11900 12314 11900 12299
 Jeera prices settled flat paring gains on profit booking after
gaining on the back of pick-up in demand from local traders
and overseas enquiries. Exports for 2015-16 show a decline
trend compared to last year. Moreover, the prices of jeera at
spot market increased due to good domestic demand ahead of
festival season. The jeera export from India may be lower due
to quality issues and higher prevailing prices. As per
Department of commerce data, exports from India in first four
months of FY 2015-16 is 31,419 MT.
 Mentha oil settled up due to firming trend at the spot market
on pickup in demand against restricted supplies from
Chandausi in Uttar Pradesh. Further, expectations of lower
production due to lower plantings of the aromatic herb on
falling prices in the last two years too added support to
Mentha oil prices. Mentha oil production in India is likely to
decline by 20% due to lower plantings of the aromatic herb on
falling prices in the last two years, too led to the rise in
mentha oil prices.
RMSEED TECHNICAL UPDATE
NCDEX RMSEED OCT 2015
RESEARCHER VIEW
The above Daily chart of RMSEED OCT suggests that prices have reverse
after taking resistance level. RSI is a buy mode. We expect prices to correct
up to levels of 4900.
SYBEANIDR TECHNICAL UPDATE
NCDEX SYBEANIDR OCT 2015
RESEARCHER VIEW
The above Daily chart of SYBEANIDR OCT suggests that prices have
reverse after taking resistance level. RSI is in buy mode. We expect prices
to correct up to levels of 3890.
• The information contained here was gathered from sources deemed
reliable however; no claim is made as to accuracy or content. This does
not contain specific recommendations to buy or sell at particular prices
or time, nor should any examples presented be deemed as such. There is
a risk of loss in commodity trading and you should carefully consider
your financial position before making a trade. This is not, nor is it
intended, to be a complete study of chart patterns or technical analysis
and should not be deemed as such. Money Classic Investment Advisors
does not guarantee that such information is accurate or complete and it
should not be relied upon as such. Any opinions expressed reflect
judgments at this date and are subject to change without notice. For use
at the sole discretion of the investor without any liability on Money
Classic Investment Advisors.
• MONEY CLASSIC INVESTMENT ADVISORS
• WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM
• EMAIL- INFO@MONEYCLASSICRESEARCH.COM
• CONTACT NO. - (M) 9049777700

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Mondelez State of Snacking and Future Trends 2023
 

Commodity prices and technical analysis

  • 2. COMMODITY OPEN HIGH LOW CLOSE CHANA 5117 5214 5071 5209 CASTORSEED 4151 4174 4102 4128 RMSEED 4856 4955 4830 4947 SYBEANIDR 3800 3848 3775 3825 JEERAUNJHA 11900 16314 16065 16100 MENTHAOIL 880.70 880.70 860.00 861.90 TURMERIC 8080 8226 8064 8110 DHANIYA 11900 12314 11900 12299
  • 3.  Jeera prices settled flat paring gains on profit booking after gaining on the back of pick-up in demand from local traders and overseas enquiries. Exports for 2015-16 show a decline trend compared to last year. Moreover, the prices of jeera at spot market increased due to good domestic demand ahead of festival season. The jeera export from India may be lower due to quality issues and higher prevailing prices. As per Department of commerce data, exports from India in first four months of FY 2015-16 is 31,419 MT.  Mentha oil settled up due to firming trend at the spot market on pickup in demand against restricted supplies from Chandausi in Uttar Pradesh. Further, expectations of lower production due to lower plantings of the aromatic herb on falling prices in the last two years too added support to Mentha oil prices. Mentha oil production in India is likely to decline by 20% due to lower plantings of the aromatic herb on falling prices in the last two years, too led to the rise in mentha oil prices.
  • 4. RMSEED TECHNICAL UPDATE NCDEX RMSEED OCT 2015 RESEARCHER VIEW The above Daily chart of RMSEED OCT suggests that prices have reverse after taking resistance level. RSI is a buy mode. We expect prices to correct up to levels of 4900.
  • 5. SYBEANIDR TECHNICAL UPDATE NCDEX SYBEANIDR OCT 2015 RESEARCHER VIEW The above Daily chart of SYBEANIDR OCT suggests that prices have reverse after taking resistance level. RSI is in buy mode. We expect prices to correct up to levels of 3890.
  • 6. • The information contained here was gathered from sources deemed reliable however; no claim is made as to accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or time, nor should any examples presented be deemed as such. There is a risk of loss in commodity trading and you should carefully consider your financial position before making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical analysis and should not be deemed as such. Money Classic Investment Advisors does not guarantee that such information is accurate or complete and it should not be relied upon as such. Any opinions expressed reflect judgments at this date and are subject to change without notice. For use at the sole discretion of the investor without any liability on Money Classic Investment Advisors. • MONEY CLASSIC INVESTMENT ADVISORS • WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM • EMAIL- INFO@MONEYCLASSICRESEARCH.COM • CONTACT NO. - (M) 9049777700