Turmeric has emerged as a notable script in recent months, experiencing a substantial rally from 9500 to 19000. This impressive performance has reignited interest in the commodity. Presently trading at Rs 12500, a level significantly below its recent high of Rs 19500, Turmeric has garnered renewed attention.
Our strategic trading plan involves closely monitoring...
Soybean Oil Futures Analysis:
Current Price: $52.71
Soybean oil has consistently been an appealing asset, having traded near the year's high just six months ago. Recently, the commodity experienced a notable downtrend, dropping from $64.80 to $48.01. However, a modest upward movement is now observable.
Upon closer examination, we identify a change in...
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
Guar gum is an agri commodity
and is traded well in India
The counter is currently in grip of bears and can witness downmove
the earlier support now acting as resistance
as can be seen from charts
A Bullish Harmonic Pattern is a type of technical analysis pattern that forms when price action creates specific price movements that resemble a harmonic wave pattern. It is a bullish pattern that suggests a potential trend reversal and a bullish move in the price of the asset.
While a Bullish Harmonic Pattern may indicate a potential bullish move, it is...
Harmonic Pattern in Jeera NCDEX
A Bullish Harmonic Pattern is a type of technical analysis pattern that forms when price action creates specific price movements that resemble a harmonic wave pattern. It is a bullish pattern that suggests a potential trend reversal and a bullish move in the price of the asset.
While a Bullish Harmonic Pattern may indicate a...
Jeera prices on NCDEX today dropped nearly -3% as arrivals are soon expected to hit mandi due to a good harvest season, lower demand due to reduced consumption or substitution by other spices, and poor and decrease demand in exports.
Technical Analysis is a powerful tool that helps you to make the best decisions in your day-to-day trading. Using technical analysis, we take a look at all aspects of the market such as historical prices, volume, candlestick charts, and more. We then provide you with the evidence and insights to take your trading to the next level.
Recently we have seen jeera...
MCX Mentha oil can try to collapse up to the support line before hitting the following targets: 986 - 1000 - 1020
Attention: don't buy below the support trendline.
This MCX Mentha oil research is based on the Feb 24 article. Click the below link to read it:
MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’
How many of you bought Mentha oil after reading this report?
Mentha oil made a high of 964.9 yesterday, and the first target has come.
Approx. Profit /L = Rs.15,000+
The short-term investors can book profit here. As I mentioned in the above chart, it's MA crossover time. It may move sideways.
Overall,...
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+ .
