Thursday 22 March 2012

NCDEX Agri Commodity Intraday Trading Tips Today 22 March 2012

NCDEX, NCDEX Tips, NCDEX Live CallAgri Commodity Update 22 March 2012, Mentha oil Tips, Potato Tips, Guar gum update, guar seed tips, NCDEX pepper tips, NCDEX trend Persistence and Support for Today

Commodity Agri has stated dull business in domestic market. Market has seems consolidate. Guar gum and Guar seed has return back, while these are trading continue with high trend in last week.
Mentha Oil Update:- In domestic Market Mentha Oil has started positive business . Today it has opened Up at Rs 2211, while tomorrow it was closed at Rs 2174.2. We can see current seen of it’s so it is trading up 2.16 at Rs 2221.1 at around 11 Am and today its highest touched at Rs 2231. But according research team it may be return back with down trend.
Mentha Oil Call Today:- Sell Mentha oil with March Contract below 2190.
Targets- 2187 , 2184
Stop Loss- 2196.
Potato Update and its Trading Tips:- Potato on NCDEX has uptrend today it is showing buy position for intraday. Today It has opened at Rs 904, while it was closed at Rs 905 on Wednesday. Now it is trading up 1.99 percent at Rs 923 in domestic market. At around 2 month ago dumped on roads in the country, potato prices have skyrocketed again. Expected to reduce the production of potato across the country with a sense of premium quality potato has risen to 15 per kg.
Intraday Call NCDEX Potato:- Buy Potato with April Contract above 992.
Targets- 995, 998, 1002.
Stop Loss- 986
Guar gum and Guar seed Update:- Today NCDEX Guar Seed and Guar gum has returned back reason is that Guar future purchases of Forward market commission has banned . Today NCDEX Guar Seed is trading down 2.98 percent at RS 29010, while NCDEX Guar gum is also trading down 3.99 at Rs 92090.
NCDEX Pepper view: - Pepper on NCDEX Currently is trading down 0.69 percent at Rs 42010, while it has started at Rs 41985.
Pepper Call: - Sell Pepper April below 41900.
Targets- 41840, 41780, 41710
Stop Loss- 42020.
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