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FUNDAMENTAL OUTLOOK
JEERA (MAY)
Jeera traded on a mixed note previous week. Jeera Futures is expected to recover from lower levels on account of good overseas as well as domestic demand may support prices. However, higher arrivals of the new crop may pressurize prices. As per Technical point of view Jeera can tack support of 13500 while profitResistance booking is Contract Support expected at higher level. JEERA 1358013920MAY Futures 13680 14040
6680-6750
6520-6450
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NCDE 20-MAY SYOREF OIL RS / 10MT X NCDE 20-MAY X NCDE 20-MAY X NCDE 20-MAY X PEPPER DHANIYA RMSEED RS / 1MT RS/ 5MT RS/ 10MT
NCDE 20-MAY TURMERIC RS/ 5MT X MCX 20-MAY CHILLI RS/ 5MT
6700 7140 6700 7054 +348 6752 6752 6526 6580 -180
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DESCLAIM Commodity trading involves high risk and one can lose Substantial amount of money. The ER recommendations made herein do not constitute an offer to sell or solicitation to buy any of the
Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on FUNDAMENTAL ANALYSIS only.
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