Indian Indices
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Commodity (SPOT)
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04 Dec 2016 | 8:06 PM
Research Report
Daily

Commodity Research Report: Agri Technical Report

Highlights: • No major 1-sided movement was noted for most Agri commodities as short covering at the lower levels limited the downtrend. However improved Monsoon reports kept uptrend possibilities bleak in the near term. With sowing of kharif crops set to start from next month onwards, pre-monsoon showers too keep moisture content high for the soil- thus improving prospects of better sowing. • Firmness in International markets kept oil complex firm – but its impact was limited as Indian markets showed corrections later on as bearish impact of monsoon loomed large. • Short term trend likely to remain volatile with rains playing a major role in determining market trend for most counters.
12 May 2016 | 09:15 AM

Highlights:    

 

  • No major 1-sided movement was noted for most Agri commodities as short covering at the lower levels limited the downtrend. However improved Monsoon reports kept uptrend possibilities bleak in the near term. With sowing of kharif crops set to start from next month onwards, pre-monsoon showers too keep moisture content high for the soil- thus improving prospects of better sowing.
  • Firmness in International markets kept oil complex firm – but its impact was limited as Indian markets showed corrections later on as bearish impact of monsoon loomed large.
  • Short term trend likely to remain volatile with rains playing a major role in determining market trend for most counters.
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