SHUBHLAXMI NCDEX

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 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...

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...

NCDEX chana was trading in a range bound manner for several weeks. The consolidation formed a large triangle and broke out on the upside. It has also retested the trendline and has resumed the rally. ...

As evident from the chart, the commodity is nearing the key resistance zone of 50% retracement level, which is currently placed at Rs3,276, and the gap area (Rs3,297). Also the 40-daily exponential mo...