Stock Market Tips, Jeera trading range and Soyabean trading range

Jeera trading range for the day is 17660-18420. Jeera prices gained trackinng firmness in spot demand on lower arrivals from the producing regions.Sources estimate Indias jeera crop output will be around 2.5 lakh tonnes, lower than the 3.75 to 5 lakh-tonne estimated. NCDEX accredited warehouses jeera stocks gained by 297 tonnes to 2473 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 3.1 Rupees to end at 18423.1 Rupees per 100 kg.


Soyabean trading range for the day is 2733-2931. Soyabean prices ended with losses on account of lower demand and arrivals in local mandis spurted as marginal. Arrivals in the local mandis also rose as farmers are offloading to prepare for next sowing. NCDEX accredited warehouses soyabean stocks dropped by 842 tonnes to 127274 tonnes. At the Indore spot market in top producer MP, soybean dropped -45 Rupees to 2996 Rupees per 100 kgs.

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