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Turmeric yesterday we have seen that market has moved 0.41% as prices continued to rise on r

Soyabean yesterday we have seen that market has moved 0.4% due to present demand and interna

Mentha oil yesterday ended flat as traders are reportedly waiting for more corrections before initiating fresh demand in the mandis. Major mandies of Uttar Pradesh such as Sambhal and Chandausi have witnessed arrivals of around 550 drums. The contract made intraday low of Rs 1195.6 a kg and high of Rs 1219.4 a kg with the volume of 2479 and total open interest for the same contact was at 4510.Now support for the menthol is seen at 1189.7 and below could see a test of 1180.8. Resistance is now likely to be seen at 1213.5, a move above could see prices testing 1228.4.

Trading Ideas:

Mentha Oil trading range is 1180.9-1229.

Pepper December delivery gained Rs 318 and settled at Rs 22230/quintal due to squeeze in supply an

Guar yesterday we have seen that market has moved -0.52% due to profit booking after trading higher on t

Global demand and prices for stainless steel should rise next year, bolstered by growth in Asia, recovery in mature economies and less destocking by distributors. Nickel has touched a low of Rs 990.1 a kg after opening at Rs.991.1, and last traded at Rs 1024.For today market is looking for the support at 1000.6, a break below could see a test of 977.1 and where as resistance is now likely to be seen at 1037, a move above could see prices testing 1049.9.

Trading Ideas:

Nickel trading range is 977.1-1049.9.

Global demand and prices for stainless steel should rise next year