Urad: uptrend may discontinue - 06 June, 2016

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Urad fell to Rs 8500 / 8600 from Rs 8800 / 9000 in Gorakhpur and Allahabad lines seeing the more sowing in UP amidst expected to be good crop.
The market has been stabilized after increasing to Rs 6 per kg. Now dal mills are not taking much stock at the higher price and on the other hand, profit taking selling has been started which the uptrend in urad may discontinue in the coming days.

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