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...
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