JEERA 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 reliable signals or in other word strength along with volumes
level...
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
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...
Om 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 to see the big picture. Mentha oil has seen marvelous journey 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
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
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.
NCDEX Guarseed has recently seen strong buying volume, which is evident on the chart with a double-bottom formation and a bullish crossover of the moving averages. This suggests that the market is likely to continue its upward trend and that now is an opportune time to enter the market with a bullish outlook.
A flag pole pattern breakout in a daily chart of NCDEX Guar Seed is a technical analysis pattern that is often seen in the market. This pattern is characterized by a sharp and fast move up in price followed by a period of consolidation where the price generally trades in a range. The breakout occurs when the price breaks out of the range and continues the upward...
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...
Cocoa Daily looks difficult wave structure. Counting looks confusing to me at some point. Still the structure gives hope to go down further before moving up really higher value.
