Monday, April 11, 2011
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Chilli likely to move further higher
Chillis prices gained today due to lower arrival pressure, highest demand and short covering.
Export demand in coming days is likely to enhance which may further push up the prices.
Total arrivals of red chilli in the Guntur mandi at 60,000 bags (40,000 bags Khammam Teja).
BUY NCDEX CHILLI (JUNE) ABOVE 9944 SL 9854 TGT 10100
R1 10120 R2 10240 S1 9810 S2 9730.
Courtesy: Anagram Comtrade Limited
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