login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Technical : Dhaniya Kota Spot : Breakout Above 5700 Is Essential

19 Mar 2018 4:01 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 19/03/2018


Technical : Dhaniya Kota Spot : Breakout Above 5700 Is Essential

DHANIYA KOTA- Last Close-5469




The 55VA is below 89 VA and price is above 55 VA.

Current price is in between the 2 averages as can be seen from the chart.

Sideways movement between the averages is being witnessed.

Near term rise can resume on sustained rise above 5700.

Once the up trend start by sustaining above 89 VA, the rise can extend to 6450 at least and may extend to 7277.

Down move will resume on fall below 5330.

Minor correction is possible before moving higher above 5700.

Conclusion

Sideways movement is being witnessed. Upside momentum is above 6450 on closing.



       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Weekly: ICE raw sugar futures post double digit price d...
Weekly: ICE raw sugar futures extend week of loss on am...
Weekly: ICE raw sugar futures track oil higher; US plan...
Weekly: ICE raw sugar futures returns to weekly loss on...
Weekly: ICE raw sugar futures snap four week of loss; g...
more
Top 5 News
US Cotton net export sales for April 12-18 at 177,100 R...
US soybean net sales for April 12-18 at 210,900 MT, dow...
Black Matpe Polished (AP) Consolidating Above Key Supp...
Black Matpe Unpolished (AP) Consolidating in an Uptren...
Castor Oil (Kadi) Weak Price Trend / Next Support at R...
Top 5 Market Commentary
Market Wise Urad Arrivals: Supply Up By 3.99% Against P...
ICE/ZCE Daily Rates Update ( Time: 20:01 ) - 25 APRL 2...
Market Wise Tur Arrivals: Supply Up By 4.92% Against Pr...
DCE Daily Rates Update ( Time: 20:15 ) - 25 APRL 2024
Market Wise Moong Arrivals: Supply Down By -0.48% Again...
Copyright © CC Commodity Info Services LLP. All rights reserved.