Soya bean consolidating in a range
The adjoining chart is a weekly chart of NCDEX soya bean. Last week we saw soya bean traded within the range of the penultimate week and closed positive. Our sense is that it is in “wave IV” where ...
Tug of war between bulls and bears continues in soya bean
The adjoining chart is a weekly chart of NCDEX soya bean. We can observe that soya bean broke the trading range on the upside and it rallied smartly towards the crucial resistances. For the past fi...
Jeera is tumbling down
The adjoining chart is a weekly chart of NCDEX jeera October contract. We can observe that jeera had formed an impulse on the downside. It retraced up to the 20- daily simple moving average and fac...
Soya bean to see a tug of war between bulls and bears
The adjoining chart is a weekly chart of NCDEX Soya bean. We can observe that soya bean broke the trading range on the upside and rallied smartly towards the crucial resistances. It has faced resis...
Bearish outlook for mentha oil
The adjoining chart is of MCX mentha oil October contract. We can observe that mentha oil was trading in a range in the past few trading sessions. The range has been broken on the downside. It is c...
Buy gram chana on decline
The adjoining chart is of NCDEX gram chana October contract. We can observe that gram chana was trading in an upward sloping channel which broke on the downside. For the past few trading sessions i...
Soya oil all set to boil
The adjoining chart is of NCDEX soya oil October contract. We can observe that soya oil has been correcting sharply for the past few weeks. In the penultimate trading session it formed an engulfing...
Jeera in grip of bears
The adjoining chart is a chart of NCDEX jeera October contract. We can observe that jeera had formed an impulse on the downside. It retraced up to the 20-daily simple moving average (DSMA) and face...
Bears hold the upper hand in soya bean
The adjoining chart is a weekly chart of NCDEX soya bean. We can observe that soya bean broke the trading range on the upside and rallied smartly towards the crucial resistances. It faced resistanc...
A bounce on the cards for Jeera
The adjoining chart is of NCDEX jeera October contract. We can observe that jeera has completed a five-wave decline on the downside. In the last trading session it gave a positive close which means...
Buy gram chana on decline
The adjoining chart is of NCDEX gram chana October contract. We can observe that gram chana has been consolidating in a range for the past few trading sessions. The agri-commodity has taken support...
RM seed holding crucial supports
The adjoining chart is of NCDEX RM seed October contract. We can observe that RM seed was trading in an upward sloping channel which broke on the downside. It took support at the 40-daily exponenti...
Jeera remains under selling pressure
The adjoining chart is a weekly chart of NCDEX Jeera. We can observe that Jeera was trading in a sideways manner since April this year and has range broken out on the upside. It faced resistance at...
NCDEX Cotton seed oil cake Bulls in control
The adjoining chart is of NCDEX Cotton seed oil cake April contract. We can observe that cotton seed has seen a sharp run-up after breaking out of a triangle. We expect this momentum to continue upto...
Soy oil on a slippery path
The following chart is of NCDEX soy oil April contract. We can observe that soy oil has faced resistance at the 20- daily simple moving average (DSMA) and sold off from
there. It has broken its previ...
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