Commodity Outlook for Crude Palm Oil by KediaCommodity

Crude Palm OilCrude Palm oil yesterday traded with the negative node and settled -0.28% down at 530.1 on profit booking. In yesterday's trading session Crude Palm oil has touched the low of 530 after opening at 533.9, and finally settled at 530.1. For today's session market is looking to take support at 528.2, a break below could see a test of 526.4 and where as resistance is now likely to be seen at 533.7, a move above could see prices testing 537.4. Spread between Crude Palm oil DEC & JAN contracts yesterday ended at 6.70. Spread yesterday traded in the range of 5.1 to 7.3.

Trading Ideas:

Crude Palm OIl trading range is 526.4667-537.4667.

Commodity Outlook for Ref Soy Oil by KediaCommodity

Ref Soya OilRef Soyaoil yesterday traded with the negative node and settled -0.2% down at 585 due to profit booking. At the Indore spot market soyoil edged up by 2.55 rupee to 580.35 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 584.7 after opening at 589, and finally settled at 585. For today's session market is looking to take support at 582.3, a break below could see a test of 579.7 and where as resistance is now likely to be seen at 590, a move above could see prices testing 595.1.

Trading Ideas:

Ref soyaoil trading range is 579.8-595.2.

Ref Soyaoil ended down due to profit booking

Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural Gas yesterday we have seen that market has moved -2.86% as slightly warmer

Commodity Outlook for Jeera by KediaCommodity

JeeraJeera December contract dropped Rs 66 and settled at Rs 13634 a kg owing to the diminishing demand as

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric yesterday we have seen that market has moved 1.43% on the back of buying interest o

Commodity Outlook for Chana by KediaCommodity

ChanaChana gained Rs 10 and settled at Rs 2488 per quintal on spot demand due to the ongoing wedding seaso

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