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Soybean prices rise from 1-yr low:
At The U.S. Department of Agriculture raised its forecast
of global soybean stocks at the end of the 2016-17
marketing year to 87.41 million tonnes, from 82.82
million in March and well above an average of trade
estimates for 83.91 million tonnes. The figure reflected
rising crop estimates for South Americas soy harvest.
The agency pegged Brazils crop at 111 million tonnes,
up from the 108 million estimated last month.

Jeera Decreased In Unjha


Market:

At Unjha market , Jeera GL Gulab Common is trading


lower at price Unit 350-3575 Bilty / Qtl, lower by 1.38
per cent from previous days price level. Jeera
Ganesh is offered lower at price Unit 3500-3520 Bilty / Qtl, down by 0.85 per cent from previous price
level. steady as against previous days arrival.

Coriander Unchanged In Rajsthan Market:

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At Ramganj market in Baran, Coriander Badami is trading at price Unit 5500-5800 Bilty /
Qtl, unchanged as compared to previous close.

Coriander Eagle at market is offered at price Unit 5900-6100 Bilty / Qtl,


unchanged against previous close.

Coriander Badami at Baran market is quoted at price Unit 5200-5400 Bilty / Qtl, steady as against
previous close.

Coriander Eagle at market is offered at price Unit 5800-6000 Bilty / Qtl, unchanged as compared to
previous close.

TECHNICAL ANALYST

soyabean
OUTLOOK:

TREND: - UP

RESISTANCE: - 3000, 3100

SUPPORT: - 2930, 2850

STRATEGY: - BUY ON LOW.


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TECHNICAL OUTLOOK

The contract for April delivery was trading at Rs 2929.00, up by 1.00% or Rs 29.00 from its previous closing of Rs
2900.00. The open interest of the contract stood at 19030 lots.

The contract for May delivery was trading at Rs 2991.00, up by 1.00% or Rs 30.00 from its previous closing of Rs
2961.00. The open interest of the contract stood at 134260 lots on NCDEX.

jeera OUTLOOK:

TREND: - DOWN

RESISTANCE: - 19500, 19750

SUPPORT: - 18900, 18350

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK
The contract for April delivery was trading at Rs 18905.00, down by 1.56% or Rs 300.00 from its previous closing of
Rs 19205.00.The open interest of the contract stood at 399 lots.

The contract for May delivery was trading at Rs 19005.00, down by 1.27% or Rs 245.00 from its previous closing of
Rs 19250.00. The open interest of the contract stood at 18621 lots on NCDEX.

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dhaniya OUTLOOK:

TREND: - DOWN

RESISTANCE: - 7300, 7550

SUPPORT: - 7000, 6850

STRATEGY: - SELL ON HIGH.


SILVER

The contract for April delivery was trading at Rs 7087.00, down by 0.96% or Rs 69.00 from its previous closing of Rs
7156.00. The open interest of the contract stood at 3420 lots.

The contract for May delivery was trading at Rs 7192.00, down by 0.95% or Rs 69.00 from its previous closing of Rs
7261.00. The open interest of the contract stood at 58660 lots on NCDEX.

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TECHNICAL OUTLOOK

rmseed
OUTLOOK:

TREND: - DOWN

RESISTANCE: - 3950, 4000

SUPPORT: - 3850, 3800

STRATEGY: - SELL ON HIGH.

TECHNICAL OUTLOOK
The contract for April delivery was trading at Rs 3864.00, up by 0.73% or Rs 28.00 from its previous closing of Rs
3836.00. The open interest of the contract stood at 2510 lots.

The contract for May delivery was trading at Rs 3890.00, down by 0.15% or Rs 6.00 from its previous closing of Rs
3896.00. The open interest of the contract stood at 69870 lots on NCDEX.

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301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll


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301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll
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