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
Russia's Wheat Reserves Hit Record Highs Amid Stalled E...
International Grains Council Boosts 2023/24 Global Corn...
Russia Reduces Wheat, Corn Export Taxes; Bans Durum Whe...
USDA attache lowers India 2023/24 rice production forec...
India Allows 95,000 MT Rice Export to Nepal
more
Top 5 News
Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
US cotton net export sales for April 5-11 at 146,100 RB...
US soybean net sales for April 5-11 at 485,800 MT, up 5...
Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...
Top 5 Market Commentary
ZCE Cotton And Yarn Evening Closing - 19 Apr 2024
DCE Oil Complex Evening Closing - 19 Apr 2024
MATAR
ICE/ZCE Daily Rates Update ( Time: 20:19 ) - 19 APRL 2...
DCE Daily Rates Update ( Time: 20:18 ) - 19 APRL 2024
Copyright © CC Commodity Info Services LLP. All rights reserved.