Commodity Trading Tips for Turmeric by Kedia Commodity

TurmericTurmeric yesterday we have seen that market has moved -1.13% as speculators continued to boo

K. Balachander Honoured With Akkineni Nageswara Rao Award 2010

K. Balachander Honoured With Akkineni Nageswara Rao Award 2010Veteran Tamil filmmaker K. Balachander has been honoured with the Akkineni Nageswara Rao Award 2010 at a recent event held in Hyderabad. The award was jointly presented to him by Chief Minister N. Kiran Kumar Reddy and Veerappa Moily, Union Minister for Law and Justice.

Commodity Trading Tips for Jeera by Kedia Commodity

JeeraJeera February contract dropped Rs 119 and settled at Rs 14451 a kg due to rise in acreage in Gujarat

Commodity Trading Tips for Soyabean by Kedia Commodity

SoyabeanSoyabean yesterday we have seen that market has moved -0.23% suffering some profit booking a

Commodity Trading Tips for Mentha Oil by Kedia Commodity

Mentha OilMentha oil January contract dropped Rs 25.2 and settled at Rs 1161.5 a kg due to selling pressure. Higher arrivals and weak trend at the spot market on subdued demand are restricted the gains. The contract made intraday low of Rs 1160 a kg and high of Rs 1184 a kg with the volume of 5271 and total open interest for the same contact was at 5064.Now support for the menthol is seen at 1153 and below could see a test of 1144.5. Resistance is now likely to be seen at 1177, a move above could see prices testing 1192.5.

Trading Ideas:

Mentha Oil trading range is 1145-1193.

Commodity Trading Tips for Chana by Kedia Commodity

ChanaChana gained Rs 52 and settled at Rs 2604 per quintal helped by firm domestic demand from millers amid lack of supplies, though estimates of higher production kept the upside limited. Millers are buying ahead of marriage season and stock levels are lower as there are disruptions in imports from Australia. In Indore, a major trading centre in Madhya Pradesh, chana was up 18.5 rupees at 2,387.50 rupees per 100 kg. In Delhi spot market, chana jump up by 38.95 rupee to end at 2513.95 rupee per 100 kgs. The volume was noted at 98140 lots. Support for chana is at 2570 below that could see a test of 2535. Resistance is now seen at 2623 above that could see a resistance of 2641.

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