Soya oil: Scaling higher
The adjacent chart shows the price movement of NCDEX soya oil January contract. The agri-commodity is moving up in a medium-term rising channel. Within that channel it had formed a short-term falli...
Cottonseed oilcake A bullish stance
The adjacent chart shows price movement of NCDEX cottonseed oilcake January contract. In last few sessions the agri-commodity has formed a short-term correction. It has taken support near the key d...
MCX Mentha oil Bulls having upper hand
As can be seen from the adjacent chart, MCX mentha oil was trading in a medium-term downward sloping channel. Recently it crossed the upper end of the channel and retested it. Along with the channe...
Ncdex Chana Momentum picks up
The adjacent chart shows price movement of NCDEX chana 2-month contract. It has formed short-term correction, which has retraced 50% of the previous up move. Near the key Fibonacci level it found s...
Ncdex RM seed in a correction mode
The adjacent chart shows the price movement of NCDEX RM seed 2-month contract. It was moving up for last several sessions. However it faced resistance near the upper channel line. From there it has...
NCDEX Soya oil Set for a decline
The adjacent chart shows the price movement of NCDEX soya oil 2-month continuous contract. For the last few sessions it is facing resistance near the key daily moving averages. Structurally it is po...
NCDEX RM seed faced resistance near the upper channel line.
The adjacent chart shows the price movement of NCDEX RM seed 2-month contract. It has been moving up for the last few sessions. However it recently faced resistance near the upper channel line. Fro...
MCX mentha oil was trading in a medium-term downward sloping channel
As can be seen from the adjacent chart, MCX mentha oil was trading in a medium-term downward sloping channel. Recently it has crossed the upper end of the channel and has retested it. Along with th...
NCDEX soyabean December Test of supports
The adjacent chart shows the price movement of NCDEX soyabean December contract. For last few sessions the agri-commodity has been trading in sideways to a bearish manner. Currently it is trading n...
Jeera To Trade Lower On Weak Fundamentals
Jeera futures ended the day lower on short selling amid higher arrivals. The NCDEX Jeera April delivery ended the day at Rs9965, down Rs 125 or 1.24% over last close. Cumin seed is likely to drop f...
NCDEX soya oil March short-term uptrend
The adjoining chart is of NCDEX soya oil March contract. We can observe that soya oil has been in a short-term uptrend for the past couple of weeks. It has been forming higher tops and higher botto...
Cardamom spurted further on the report of strong export demand
Cardamom spurted further on the report of strong export demand. The spice continued it`s up trend for the sixth consecutive trading sessions with the futures hitting upper circuit in the last two s...
Weekly chart of NCDEX jeera
The adjoining chart is a weekly chart of NCDEX jeera March 2014 contract. Jeera made a sharp pullback towards the medium-term rising trendline (shown in blue colour) after completing a five-wave de...
Pepper futures slipped for the six trading sessions
Pepper futures slipped for the six trading sessions on the back of reports of Vietnam easing the prices of new crops and arrivals of Indian crops in the local market. The NMCE pepper for the Februa...
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