Soya oil: Correction mode
Adjacent chart shows price movement of NCDEX soya oil continuous contract. Structurally the oil formed a multimonth triangle, which broke out on the upside. From there th...
NCDEX jeera is moving up in a channelised manner since the beginning of February. It has formed a channel within a channel. The move that has started from the March low has now reached near a cruci...
Adjacent chart shows the price movement of NCDEX soya oil continuous contract. Structurally, the oil formed a multi month triangle, which broke out on the upside. Since then the oil rallied nicely....
Adjacent chart shows price movement of NCDEX turmeric continuous contract. From the high of Rs 10,660, the agri-commodity had entered correction mode. The fall is breaking up into the lower degre...
For several weeks NCDEX soybean was oscillating about the key DMAs. In terms of price patterns, the agri-commodity formed a triangular pattern, which broke out on the upside. Since the breakout th...
MCX mentha oil was falling for several weeks. The fall unfolded in a channelised manner. However the agri commodity has entered a pull-back mode for the last few sessions. It has broken out from th...
The adjacent chart shows price movement of NCDEX soya oil August contract. From the high of Rs.616.6, soya oil has been heading towards south. On the occasions of minor degree bounces it has been f...
The adjacent chart shows the price movement of NCDEX cotton seed oil cake continuous contract. The agri-commodity was trading in a sideways manner for few sessions. It found support near the key da...
NCDEX jeera has fallen signifi cantly in last few weeks. It has fallen towards the lower end of the reverse channel. On the higher side, it is facing resistance near the junction of the 40- day exp...
The adjacent chart shows price movement of NCDEX soybean continuous contract. From the high of Rs.4,412 it has entered correction mode. The fall is breaking up into lower degree waves. Recently the...
The adjacent chart shows the price movement of NCDEX turmeric April contract. The agri-commodity has been rallying for the last several sessions. However it faced resistance near the rising trendli...
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...
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...
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...
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...
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...
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...
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...
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...
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...