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...
Soya bean has given a breakout from a triangle formation on the weekly charts. Soya bean is trading well above its 20- and 40-weekly moving averages of Rs2,427 and Rs2,410 respectively. The momentum i...
NCDEX pepper was trading near the lower end of the medium-term rising channel. The weekly lower Bollinger Band provided support to the agri commodity and push it up. The price has crossed the 40-Weekl...
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. ...
Jeera has fallen below the 20-weekly moving average (WMA; Rs14,558) and the 40-weekly exponential moving average (WEMA; Rs14,763), which are now acting as resistances. Jeera is falling down as a follo...
