Kedia Commodities

Published on 22/01/2021 11:07:26 AM

Japan's crude steel output fell 3.3 percent in December from a year earlier to 7.53 million tonnes, the Japan Iron and Steel Federation said.

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Kedia Commodities

Published on 22/01/2021 11:07:12 AM

Iraq has reduced annual supplies of Basra crude oil to several Indian refiners by up to 20% for 2021, in a rare move by OPEC's second-largest producer which is trying to meet its obligations under the group's production deal.

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Kedia Commodities

Published on 22/01/2021 10:28:26 AM

KEDIA: I. FOM: TGT ACHIEVED IN JEERAUNJHA  MAR AT 13320.00, PROFIT RS.2,700.00.

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Kedia Commodities

Published on 22/01/2021 10:06:42 AM

KEDIA: C. HARMONIC: BUY RMSEED ABV 5620 SL BELOW 5420 TGT 5820. CMP: 5620. NCDEX

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Kedia Commodities

Published on 22/01/2021 10:06:12 AM

KEDIA: C. HARMONIC: BUY ALUMINIUM  FEB ABV 163.2 SL BELOW 159 TGT 167. CMP: 163.2. MCX

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Kedia Commodities

Published on 22/01/2021 10:06:02 AM

KEDIA: C. HARMONIC: ONCE EXIT LONG IN ALUMINIUM JAN AT 164.20. BOOK PROFIT RS. 1,000.00. MCX

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Kedia Commodities

Published on 22/01/2021 8:58:48 AM

*KEDIA: AGRI COMMODITY MARKET UPDATE* -  
*  Mentha oil prices dropped due to demand from cosmetics and toiletries sector in India. 
*  Cotton prices gained as support seen after USDA projecting lower opening stocks, production and ending stocks raising hopes of exports from India.
*  Chana gained as Nafed’s unstable chana releasing strategy continues to affect market directly at a time when area is up by 5 %
*  Turmeric dropped due to excess stocks which will be 50-60% of the excess in the current year as carry forward in the next year.
*  Jeera prices gained due to constraints in supply as the end of season approaches.
*  Dhaniya prices dropped as there is a high arrival of new crop and prices are being fixed according to its moisture.
*  Soyabean gained supported by signs of strong demand from both the domestic processing sector as well as the export market.
*  Ref soyoil prices dropped as pressure seen amid the sowing of oilseed crops has increased to 81.80 lakh hectares.
*  Crude palm oil dropped as dismal Jan. 1-20 exports data dragged the market.
*  Mustard seed gained on short covering after prices dropped as India’s 2020-21 mustard crop may touch 100 lakh ton-level.
*  Castor gained amid a fall in acreage, also due to cold wave and frost, crops are sure to be damaged.

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Kedia Commodities

Published on 22/01/2021 8:58:22 AM

*KEDIA: DAILY LEVELS*
*AGRIDEX* - 1155
Resistance: 1158-1162-1165
Support: 1151-1148-1144

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Kedia Commodities

Published on 22/01/2021 8:57:59 AM

*KEDIA: SPICES LEVELS*
*TURMERIC* - 6288
Resistance: 6348-6408-6446
Support: 6250-6212-6152

*JEERA* - 13200
Resistance: 13270-13345-13475
Support: 13065-12935-12860

*DHANIYA* - 6056
Resistance: 6092-6129-6162
Support: 6022-5989-5952

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Kedia Commodities

Published on 22/01/2021 8:57:40 AM

*KEDIA: DAILY LEVELS*
*CHANA* - 4472
Resistance: 4507-4543-4601
Support: 4413-4355-4319

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