The Fusion Media Network:
    July 29, 2010
     

    Grains

    Provided here is fundamental, technical, and seasonal analysis of the grain markets. Helping grain futures traders with the lastest up to date analysis.

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    Grains

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    The spice complex on National Commodity and Derivatives Exchange closed weak yesterday with pepper, jeera, and turmeric contracts hitting the initial lower price limit intraday.Fundamental ...... Read More

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    Maize futures witnessed a good fall during yesterday’s session on account of profit booking over previous gains.The active August contract on NCDEX platform made a high of 1113 levels after ...... Read More

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    Chana futures traded on a positive trend during the day on account of good buying seen at lower levels.Spot prices also improved on good demand in the physical market. The active Chana futures on ...... Read More

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    Wednesday is the very volatile trading day for guar seed and guar gum futures are concerned. After showing a positive trend during initial hours of the day prices tumbled on speculative ...... Read More

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    Fundamental AnalysisGuar futures since last week has fallen almost Rs.240 due to revival of rains in the guar growing area which is pressurizing the prices since last couple of days.It is predicted ...... Read More

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    Fundamental AnalysisLower price quotes of Chana in the domestic market may induce stockists to go for improved buying at lower levels. Demand from the domestic stockists is expected to improve ahead ...... Read More

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    WHEAT:       Settlement       Change            ...... Read More

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    Corn (September 10) gain $13.50, EOD $376.25Soybeans (August 10) gain $12.50, EOD $1,010.50... Read More

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    Fundamental AnalysisLower price quotes of Chana in the domestic market may induce stockists to go for improved buying at lower levels. Demand from the domestic stockists is expected to improve ahead ...... Read More

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    Fundamental AnalysisGuar futures since last week has fallen almost Rs.240 due to revival of rains in the guar growing area are pressurizing the prices since last couple of days.It is predicted that ...... Read More

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    The guar seed and guar gum futures recovered from its recent weakness on account of short covering. Fresh buying was also emerged based on strong fundamental factors.The acreage under guar seed ...... Read More

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    Chana futures gained by around 25 rupees during yesterday’s trading session on short covering over previous fall and some spot demand in the physical market.The active August contract on NCDEX ...... Read More

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    Market reviewSpice complex on National Commodity and Derivatives Exchange ended mixed with pepper and jeera contracts making gains on value buying, while turmeric futures failed to hold on to gains ...... Read More

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    MCX Gold AugSpot gold fell sharply after breaching crucial trend support at $1180 and tested long term trend line support at $1157. Immediate support is at $1157, break of same may lead to further ...... Read More

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    Maize futures traded on a positive note during yesterday’s session on NCDEX platform on account of good demand in the physical market amid lower stocks.The active August contract on NCDEX ...... Read More

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    WHEAT:       Settlement       Change            ...... Read More

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    Fundamental AnalysisLower price quotes of Chana in the domestic market may induce stockists to go for improved buying at lower levels. Demand from the domestic stockists is expected to improve ahead ...... Read More

     
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