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...
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...