Jeera opened with bullish bias, touched psychological figure of 14000 exactly and then prices fell down. Prices closed at 13780.
(prHWY.com) June 27, 2012 - Indore, India -- MARKET WRAP FOR AGRI COMMODITY
* Chana prices mildly down on profit booking and low demand.
* RM Seed gains 1.2% on lower production concerns and firm demand.
* Turmeric edges higher on low arrivals of fresh crop in spot market.
Jeera opened with bullish bias, touched psychological figure of 14000 exactly and then prices fell down. Prices closed at 13780. Mentha oil declines in the early session and touched almost 1200 but recovered sharply in the last hour of trading and closed high at 1280. Trend may remains strong in the next trading session.
TECHNICAL VIEW
PEPPER (JULY) VIEW
Trend: Bullish | Strategy: Buy on dips
R1- 41530, R2- 42230| S1- 40870, S2-40170
RM SEED (JULY) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 3982, R2- 4057 | S1- 3912 ,S2- 3837
SOYABEAN (JULY) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 3827, R2- 3877| S1- 3777, S2-3727
TURMERIC (JULY) VIEW
Trend: Bullish | Strategy: Buy on dips
R1-4240 R2- 4340 S1-4140, S2-4040
POTATO (JULY) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1177, R2-1191| S1- 1163, S2- 1149
JEERA (JULY) VIEW
Trend: Bullish| Strategy: Buy on dips
R1- 13930 R2- 14230| S1-13630, S2- 13330
MENTHA OIL (JUNE) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1293, R2- 1319 | S1- 1267, S2- 1241
CARDAMOM (JULY) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 1321, R2- 1335| S1-1307, S2- 1293
CHANA (JULY) VIEW
Trend: Consolidate | Strategy: Sell on high
R1- 4313 R2-4383| S1- 4243, S2- 4173
GUR (JULY) VIEW
Trend: Consolidate | Strategy: Buy on dips
R1- 1154, R2-1168| S1- 1140, S2- 1126
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