Commodity trading India
NCDEX Jeera futures may trade sideway to negative as regards highly developed low atmosphere supplies contiguously belittle expord demand .
Futures started the daylight around a certain note,due to immediate covering at belittle levels.Later, futures prices turned towards the negative side due to subdued domestic demand.The retailers and stockiest are buying at deflate prices as export demand slowing by the side of as monsoon progresses.
Therefore, looking at the overall factors we suggest remaining in insert to the selling side in todays trading session.
NCDEX Jeera Sell
Support At -S1-16143/S2-16245
Resistance at -16518/16662
Recommendations
Sell at 16520-16540 TP/16150 SL/16750
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