NCDEX - Turmeric, Chana, Jeera, Mustarseed, Soyabean Trend

SOYABEAN (AUG)

TREND	Bullish
RESISTANCE 2	4900
RESISTANCE 1	4810
SUPPORT 1	4630
SUPPORT 2	4540
STRATEGY	Buy on lower Levels

CHANA (AUG)

TREND	Bullish
RESISTANCE 2	5000
RESISTANCE 1	4910
SUPPORT 1	4720
SUPPORT 2	4630
STRATEGY	Buy on lower Levels

MUSTARDSEED (AUG)

TREND	Consolidate
RESISTANCE 2	4540
RESISTANCE 1	4460
SUPPORT 1	4290
SUPPORT 2	4210
STRATEGY	Buy on lower Levels

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Commodity market today opened negative after week closing on Monday. Lets discuss NCDEX Trend for today. Starting from NCDEX soyabean trend, , soybean prices escalated to mark new high taking cues  from International market. Tight supply scenario during the lean period coupled with inadequate rains in the growing region has been the key factors driving prices higher. 

NCDEX TRADING RECOMMENDATIONS TODAY -


NCDEX sugar (August futures): Buy - 3100-3110, Target - 3150, stoploss of Rs - 3070

NCDEX Jeera (August Futures) : Buy -15,250 to 15,300, TGT - 15600, Stop Loss- 15100

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