Sure coffee will drop massively if unable to break 215 this time
Hi all, I am here again to give you something valuable:) Observed the coffee future chart which is trading in the multi year resistance zone. This is the fourth time now that it is into that zone and owing to increase in the prices of other commodities it may break the resistance this time. Stocks of FMCG segment will benefit from it. One stock which I see...
Bearish clues: - Coffee price have bounced off bearish channel resistance - The hourly uptrend line has been broke - Candlestick shows indecision at the top and the strength of the sellers Objective: Coffee could decrease to the 148.000 US level, which corresponds to a strong support zone, and then maybe to the 145.000 US level, which corresponds to the...
Om Namah Shivay Protecting 131, coffee future can touch 100 Om Namah Shivay