Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric ended weak as profit-taking driven by rising arrivals hurt sentiment, but prices m

Commodity Outlook for Chana by KediaCommodity

ChanaChana rose after a key producing state exempted pulses from tax for one more year. The western state of Maharashtra had exempted pulses from 4 percent value added tax and the exemption was slated to end on March 31, 2010. The state government on Thursday extended exemption by one more year till end March 2011.In Indore spot market in top producer Madhya Pradesh the price rose by 32 rupees to 2,044 rupees per 100 kg. Chana gained Rs 48 and settled at Rs 2294 per quintal. The volume was noted at 102630 lots. Support for chana is at 2252 below that could see a test of 2209. Resistance is now seen at 2316 above that could see a resistance of 2337.

Trading Ideas:

The curious case of Jennifer’s phone

The curious case of Jennifer’s phoneHere's a `lost-and- found' tale that makes for a perfect Bollywood script. Jennifer Mistry-Bansiwal, aka Mrs. Roshan Sodhi of Taarak Mehta ka ooltah chashmah fame, lost her mobile in Mumbai and then found it in Ujjain four months later in far off Ujjain. Adding spice to the tale is that Jennifer herself played a proactive part in finding her phone.

Commodity Outlook for Soyabean by KediaCommodity

SoybeanSoybean ended higher tracking firm BMD palm oil. A delay in the South American crop harvest has led to hopes that global soymeal demand may shift to India. Soyabean yesterday we have seen that market has moved 1.19%. Market has opened at 2020 & made a low of 2011 versus the day high of 2044. The total volume for the day was at 45660 lots and the open interest was at 117290.Support for soyabean is at 2019 below that could see a test of 1998. Resistance is now seen at 2052 above that could see a resistance of 2064.

Trading Ideas:

Soyabean trading range is 1999-2065.

Soybean ended higher tracking firm BMD palm oil.

Commodity Outlook for Mentha Oil by KediaCommodity

Mentha OilMentha oil settled down with significant losses despite firm physical market.

Messi giving a close run to Rooney for European Golden Boot

Messi giving a close run to Rooney for European Golden BootWayne Rooney is in sight of Barcelona's ace footballer Lionel Messi as he targets Europe's Golden Boot.

With 25 in the La Liga, the Barcelona ace has 34 goals this term. He has banged in eight goals in his last three games.

The Sun has reported that Rooney, who has 33 in total for Manchester United this season, leads the Golden Boot race by one with 26 Premier League goals.

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