Thursday, February 1, 2018

EPIC RESEARCH NCDEX UPDATE OF RMSEED 1 FEBRUARY 2018


  • Rmseed trading range for the day is 4081-4215.
  • Mustard seed prices dropped on profit booking after prices rose on reports good physical demand and lower production in coming rabi season.
  • Mustard production in the Madhya Pradesh, is seen at 976,000 tn compared with 920,000 tn the previous year.
  • NCDEX accredited warehouses mustard seed stocks dropped by 81 tonnes to 7611 tonnes.
  • In Alwar spot market in Rajasthan the prices dropped -41.2 Rupees to end at 4050.75 Rupees per 100 kg.
  • BUY RMSEED APR 2018 @ 4120 SL 4080 TGT 4156-4190.NCDEX

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