Jeera futures prices are projected to continue the recovery on lower
level buying. Continuous decline in arrivals at spot market of Unjha
as arrival season is coming to end might support prices to move up.
However, slow down in buying activity from local buyer might limit the
gains during the day. Arrivals at spot market of Unjha were reported
steady at 12,000-13,000 bags against 15,000 bags reported on Wednesday
(1 bag- 60Kg.). Traders are still expecting that these corrections
might remain limited as prices will improve in near term due to lean
season demand.
Pepper prices extended its downfall shedding 2% making a fresh 1 week
low of Rs38,040. On the other hand, Jeera posted a smart recovery
above Rs13,000 indicating regained upward momentum. Chilly ended
literally flat, while turmeric succumbed to selling ressure......
Get free tips here @ http://commodity-intraday.blogspot.com
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[EASYKAMAI] NCDEX Tips: Buy Jeera At Lower Levels
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