Agricultural Commodities
Tata Coffee - BreakoutNSE:TATACOFFEE has given a 50 SMA breakout with huge volume. The stock should be in action in the coming days.
Trade ideas are welcomed by fellow traders.
Cotton Looking UPCotton did not give a weekly close below the 67.55 Level.
Current Price action points to an upward move to the Green Zone (85/88)
KCP Sugar India Breaks out Consolidation (Investment Call)On a monthly chart, the price action has broken out from a consolidation range that indicates bullishness and buyers dominance. Previous month the stock corrected 25% and retraces back to the previous breakout levels or resistance. The prices may go down further to 28 levels but eventually it will rise with the time and may cross over all time high of 45 levels. At current price levels, it is an opportunity to invest and gain returns above 35% in few months time. Stoploss shall be 25 levels.