Saturday, 27 June 2015

29 june NCDEX Agri Buzz | NCDEX Tips For Monday |NCDEX MCX Tips

NCDEX agri Tips

IN india Agri market short term trend is  expected remain very volatile as according to monsoon forecast pressurize prices and bit effected drop in China's stocks.

The projection for world quantity grains (wheat and improper grains) production in 2015-16 is only slightly degrade month-concerning-month (m/m), when a shortened figure for wheat partly offset by an upward revision for maize (corn), according to a monthly symbol released by the International Grains Council (IGC) almost June 26.

The IGC said that at 1.966 billion tonnes, quantity grains output is respected to be 2% beside year-upon-year (y/y), but 4% above the average in the prior five years.

The reason said world soybean output in 2015-16 is seen lonesome marginally under the previous year's sticker album as a larger place for harvesting mostly compensates for a slip in productivity.Trade is seen contracting to a five-year low as ample supplies of alternatives contain demand from Asian buyers.

Monday NCDEX Agri Tips 

NCDEX Soybean Intraday 
Support at-3427

Resistance at-3466

NCDEX Maize Intraday  
Support at-1140
Resistance at-1148


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