“NCDEX Trading Tips” 4 AprilSpicy pepper Futures dealing costs experienced smart restoration on reduced level buying during Monday’s dealing time. Futures started the day on flat observe but later on started again up trend on good hints from identify market and shut on greater observe.
Jeera Apr futures costs extended movements in lack of identify hints during Monday’s time.
During early dealing hours costs exchanged on good observe increasing the previous restoration.
However, later on costs turned down amongst existing weak emotions and futures ended the red on negative observe.
Wheat futures (Apr) on may business range bound positioning support above 1230 stages as a result of delay in routes in key growing areas due to extended reduced conditions in producing south states of Punjab and Haryana.
However, estimated greater result in the current season, could limit the profits. Kapas futures may business back and forth positioning above 825 stages.
The meeting on Apr 3 could accept some of the 2.5 thousand bales to move. Moreover, routes until Apr 1 dropped to 26 thousand bales of 170 kg each, down from 28.49 thousand bales last year.
The profits in Chana futures may stay to cap it & stay below 3680 stages. Profit arranging from greater stages may control the benefit.