NCDEX Trade Tips 28 March

“NCDEX Trade Tips” 28 March

Chilli futures dealing ended down on Tuesday on poor home need along with ample provide from the clean plants.
In NCDEX Cilantro Apr agreement closed at Rs.5443 per quintal, down by 0.64% against the past near. Start attention of the agreement stood at 6824 plenty and amount exchanged is 1550 plenty.



Turmeric futures dealing gained Tuesday on short covering by the traders due to increasing home need. Greater stocks and on hopes on fender plants restricted the uptrend of turmeric root extract extract futures dealing to an extent.
In NCDEX turmeric root extract extract Apr agreement is exchanged at Rs.4283 per quintal, higher by 1.65% against the past near. Start attention of the agreement is 21170 plenty and amount exchanged is 8260 plenty for plenty of moment.

Jeera futures dealing in India rose on Tuesday on decrease in home provide and on increasing overseas need.
In NCDEX Jeera Apr agreement is dealing at Rs.12230 per quintal, up by 2.86% on Tuesday against the past near. Start attention of the agreement is 15548 plenty and amount exchanged is 8201 plenty for plenty of moment.
Coriander futures dealing exchanged higher on Tuesday due to increasing need in the physical markets though higher arrivals from the clean plants restricted the uptrend.

In NCDEX Cilantro Apr agreement is dealing at Rs.4304 per quintal, higher by 1.11% on Tuesday against the past near. Start attention of the agreement is 20610 plenty and amount exchanged is 8190 plenty for plenty of moment.
Mustardseed yesterday exchanged with the negative node and settled -0.53% down at 3910 on profit booking though downside was restricted amongst reduced planting from the producing regions.

Lower production estimates of rabi oilseeds (especially RM Seed) this season as compared to last season due to reduced planting property coupled with sharp decrease in generate and improved need from millers and stockiest, also supported the futures dealing to trade higher.