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 Chilli is falling towards the long-term rising trendline. The commodity had taken support near a medium-term falling trendline however it could not surpass the 20-DMA. In terms of the wave struc...
Since Jeera has broken down from the wedge pattern it has fallen sharply. The fall is unfolding in a channelised manner and is breaking up into lower degree waves. Recently a lower degree fourth wave ...
Soybean broke out from the triangle on the upside and rallied towards the previous highs. It halted there for a week and ultimately surpassed the hurdle of Rs2,824 and Rs2,826. The brea...
After falling from Rs6,612 to Rs3,688, NCDEX dhaniya formed a bearish triangle. The last leg of the pattern got over near the key resistance zone of 40-weekly exponential moving average...
