turmeric chart suggest ba ck to back monthly gains ideally the trend could continue with retracements in between it is following an upward sloping trendline on higher frame the trendline its following comes straight from 2007 thus suggest a strong validity of the same
Jeera now with todays move , expect it to go through hammering and fast lide expected since Rainfall started and with rainfall, the ovverheated counter will feel coolness of RAIN WATER expect it to test levels of 48000 or even lower from here on wards
jeera is seemingly In overbought zones and a retracement toward the 42000-40000 zone likely rsi extremely overheated at current zones after that fresh upmove can take place a trading wise bearish move below 45k
GREAVES COTTON -- WEEKLY TRENDLINE BREAKOUT . 1, Greaves cotton seen weekly trendline breakout on chart 2. stock trading at upper channel , whereas support at lower level of upper channel seen around 150-155 level bullish pattern seen on chart now 3. stock trading near 200 HMA , above 200 HMA candle closing will be sharp upmove towards 200 level can be...
Please read my comments on Chart. Keep an eye on ICE Cotton for Buying Opportunities in Next 2-4 Weeks Time
Cotton. Monthly Close above 141 may open up gates for a target of 180.
GREAVES COTTON LTD ---POSITIONAL DAILY CHART BULLISH SIGNS. 1. Double bottom formation around 155-156 level from where trend reversal seen 2. Trendline breakout seen at strong support line 160-165 3. Last candle bullish strength seen at high of candle 178 is short term resistance 4. uptrend confirm once 180 level breakout upside at closing basis that means...
Shorting Cotton due to breakdown of trendline support area in short term. RSI also looks negative and going down.
mafatlal industries good technical formation although one should check fundamentals before entry
Cotton may be ready for 135-140 on a retest of 95-97 region. Comments On Chart
The cotton season of 2020-21 has almost come to an end and has been pretty eventful for the Cotton Corporation of India (CCI). Technically prices look to hold support at 20500 levels can see a bounce till 21850-21900 level
According to fundamental research, MCX ( NCDEX ) cotton seems strongly bullish ahead. The short-term investors can start buying cotton nearby highlighted area for the targets of 19860 - 20000 - 20260+ .
Explaination on Chart. Strong Commercial Long Buildup. But Bottom is still not Visible.
Stock is in strong uptrend should bounce again. Follow the stop loss, don't hold for long.
Cotton 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)