MENTHA OIL FUTURE ANALYSIS 1 day timeframeit create a symmetric triangle in day and weekly timeframe. We will wait for breakout or breakdown.
Crucial level is 905.6-911.80
JEERA futuresJEERA witnessed a CRACKDOWN after an RSI DIVERGENNCE took place in month of august
we all have seen a strong one side upmove before the mirror like collapse
it is wise to not attempt any BOTTOM FISHING here and wait for prices to settle down
its wise to enter long oly if prices show any reliabl
turmeric turmeric is overall in strong uptrend on weekly frame
expect it to turn even more bullish or in other word catch momentum once start trading above swig high areas
9500 to 19000| Turmeric's Resurgence Sparks New Trading Buzz!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
MenthaOil Analysis weekly before looking into daily or intradayOm Namah Shivay, where is Menta oil headed? By looking at recent movement, we were expecting a change in pattern, after 23-7-23 week. It is completing one pattern on that day. It can be treated as channel or a zone for correction in both time and price.
Before we go and trade for intraday, we need
turmeric trading in strong uptrendturmeric 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 seemingly in Bear groupJeera 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
a retracement likely in JEERA 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
jeera : amazing uptrendJEERA is in a strong bull run
after a long consolidation that breached in 2022
it's zooming higher and higher each passing day
GUAR GUM futures viewGuar 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
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