Ncdex Trend Blog Posts

NCDEX Trend For TodayPepper prices are projected to continue the down trend on long liquidation during early trading hours. However, later on prices might recover on fresh buying at lower levels as overall fundamentals are also bullish. Turmeric pric...

NCDEX Trend For Chana: NCDEX Chana was looking positive in morning session, but after the fresh arrival of chana in market it has decrease the market demand. It has a strong resistance at 4244 and a support at 4076.NCDEX Tips: Chana is trading in a c...

NCDEX Trend For Pepper:NCDEX Pepper is looking to trade in a positive trend today. According to market analysis monsoon rain has increase the demand of pepper in market. Traders are not selling pepper on current levels and expecting more bull trend i...

NCDEX Chana TipsChana trading range for the day is 4075-4285. Support for Chana is at 4141 below that could see a test of 4075. Resistance is now seen at 4246 above that could see a resistance of 4285. In Delhi spot market, Chana jump up by 33.95 rup...

In NCDEX Chana, below 4150, we may see selling pressure towards 4090 levels.In NCDEX Oilseed and edible oil futures witnessed a weak trade during the last trading session. Soybean futures opened firm in line with the international markets to mark day...

NCDEX Commodity TrendNCDEX Jeera June: A downfall may continue towards 12250 levels for the day.NCDEX Chilli June: If unable to sustain above 5000 levels, we can expect to see a lower correction towards 4750 levels.NCDEX Chana June: Sideways to lower...

NCDEX Pepper TipsA horizontal trend line support is seen at 39200, sustained trade above the same may see a recovery rally towards 40300 followed by 40700 levels. For resuming next bullish wave, it has to break and persist above the 41000 convincin...

NCDEX Pepper TipsNCDEX Pepper futures fell as high domestic prices kept export demand at bay. Industry officials estimate 43,000-45,000 tons of local pepper output in 2012, compared with 49,000 tons last year. At Kochi, spot pepper was up 43 rupees t...

NCDEX Pepper TipsBullish outlook will prevail as long as prices stay above 39300 levels for the day. But for a major rally to restart, it has to break above 41000 towards a target of 41500 followed by 42000 levels. Conversely, any break of below 3780...

NCDEX Chana TipsWith lower output estimates coupled with negligible stocks of last year, Chana supplies may fall short of consumption demand, thus supporting the upside in the prices in the medium term. However, Chana being an essential commodity, sh...

NCDEX Chana TipsNCDEX Chana June, futures prices initially moved to the high of Rs 4214 level but later on it corrected back to settle at Rs 4154 level. Prices are trading along the negative channel to signal continuation of downward trend. Resistanc...

NCDEX Jeera Has reversed down after retesting the channel on the upside. The rise on the weekly charts clearly looks corrective one i.e. an A-B-C pullback. It retraced exactly 38.2% of the fall from 17520 levels to 11275 levels; this also confirms th...

In NCDEX pepper as long as prices stay above 38600, we expect near term bullishness in the counter. Therefore, we favour a further rise in prices towards 41000 followed by 41500 levels, if prices are able to clear the crucial resistance of 40700. Ot...

NCDEX Pepper TipsPepper futures prices are projected to continue the positive trend on lower levels buying on back of emergence of positive sentiments across the spot front. Reports of supply squeeze along with good pre monsoon showers are likely to...

NCDEX Chana TipsChana futures fell for the second straight session on Thursday, a day before the expiry of the near-month contract and tighter regulations to curb excessive speculation. Inability to trade above 4400, then a near term price correction...

Pepper June ncdex: Inability to break and sustain above 38400 (22 day EMA) resistance could see range bound trading for the day. On the higher side, a break above 38600-38700 regions is required for a major rally to pick up targeting towards 39200 f...

NCDEX Jeera TipsJeera futures are likely to remain firm as the effect of sluggish domestic demand will largely be offset by stable overseas demand due to lowering of output estimates in other major producing countries such as Syria and Turkey. Accord...

NCDEX ChanaDuring the week Chana prices have dived to as low as 4030 by erasing its previous gains. The long termtrend has not yet changed and this short-term downfall can be considered as an opportunity for the long term traders to buy on lower leve...

NCDEX Pepper: Pepper futures prices are projected to trade on slightly positive note during early trading on extended lower level buying. However, overall trend is expected to remain mixed on back of lack of active trade participation due to prevaili...

NCDEX Pepper: Prices have been range bound for the last six weeks. Therefore, we expect to see the breaking of 36700 levels and triggering a sharp fall towards 36100 followed by 35000 levels. On the higher side, it has to break above 38600 for starti...