Monday, 16 April 2012

Intraday NCDEX tips for 16 April

China is the largest buyer of corn, soybean and wheat. The lower GDP growth puts pressure on the trade prospects of the country.Today July Barley futures has hit the 4% upper circuit, increased demand in spot market

NCDEX Chana: May Chana trading at 3731 down by 67 it’s Intraday high Rs 3822, and intraday low Rs 3731 if chana below 3725 you may sell it.
NCDEX Soya: Soy oil Prices at NCDEX, May contract traded continuous downside. Global Soybean ending stocks are projected at 55.5 million tons, down 1.8 million from last month.


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