Login ID:
Password:
Partner Login
Contact Us : 07666977977

Technical: Turmeric Nizamabad - Trend Further Down Below 7180 Closing

25 Jan 2017 12:17 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 25/01/2017

SPOT TURMERIC NIZAMBAD - MONTHLY CHART- Last Close-24/01/2017-7423 Trend Further Down Below 7180 Closing



(Monthly Chart)


Trend is down and oscillating around the moving average as shown in the chart.


Support cluster is at current level of 7339-7190.


Downside momentum for correction will continue below 7190 closing.


Reversal from correction will be witnessed if sustained rise and close above 7810.


Further lower level is 6660 below 7190.

Conclusion


Sideways movement is being witnessed and next directional movement for short term can be out of the band 7810-7190.

Downside momentum is below 7190 for 6660.


       
  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 :  
   

Top | Post Comment  

Latest Special Reports
Weekly: Spot Red Chilli Gains Most In Spices Complex; C...
Weekly: Spot Turmeric Rises To 5-Month High; Jeera Touc...
TECHNICAL: Dhania Kota - Down Trend Continues
Technical: Black Pepper Kochi- Further Weakness Is Belo...
Weekly: Spot Turmeric Rises To 2-Month High; Other Spic...
more
Top 5 News
Weekly: Pulses Extend Losses On Fall In Demand/Volume
Weekly: Spot Red Chilli Gains Most In Spices Complex; C...
Technical: Cotton Seed Oil Cake - Expect Support At Low...
Spot RBD Palmolein To Trade Steady To Up Next Week
Cotton Weekly: On-going Rains Weigh on Indian Cotton Ma...
Top 5 Market Commentary
Medium Sugar Edges Up In Mumbai Market
Chana & Matar Ends Lower In Mumbai
Wheat Prices Flat At Shahjahanpur
DJ 13D Filings -- Barron's
Spot Wheat Trades Mixed In Rajasthan
Copyright © CC Commodity Info Services LLP. All rights reserved.