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Profit Booking Seen in Mumbai Pea; Support Near Rs 5650

26 Jun 2020 6:07 pm
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Mumbai (Commodities Control) – A brake in the bullish trend of Mumbai pea prices is likely in the vicinity.

Charts indicate that Pea (Mumbai) spot prices trading near multi-year highs will cool off. From a chart perspective, the RSI appears to be overbought and suggests a phase of profit-booking may be underway.

It is seen that on a potential decline, pea prices may have a good support near Rs. 5,650.



       
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