Login ID:
Password:
Partner Login
Contact Us : 07666977977

Technical: Sun Flower Oil Kakinada - Expect Support At Lower Range

17 Jul 2017 12:39 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 17/07/2017

Sun Flower Oil- Kakinada Last Close - 625 (17/07/2017): Expect Support At Lower Range

Monthly Chart





Support is at 620-610.


Further weakness is below 610.


Resistance will be at 635-645.


Near term reversal may happen on breakout and close above 645.


Till reversal is not happening objective remains to exit long.


Consolidation could happen to mark a reversal as long as 610 is not violated


Conclusion


Expect support and consolidation at lower range till 610 is not violated.


       
  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
Technical : Sunflower Oil Kakinada Spot : Accumulate
Technical : Mustard Oil Kachhi Ghani Jaipur Spot : Expe...
Technical : Mustard Cake Jaipur Spot : Accumulate at Av...
Technical : Mustard Seeds Jaipur Spot : Consolidation I...
Technical : RBD Palmolein Kandla Spot : Minor correctio...
more
Top 5 News
Rise In Acreage Likely To Moderate Cotton Prices In FY1...
India Apr-Nov 2017 Cumin Seed Exports Up 14.39% (Y/Y) A...
Fasal Bima Yojana: Govt To Increase Coverage To 50% Of ...
Technical: Moong Green Peas Jaipur Spot : Expect Consol...
Technical : Sunflower Oil Kakinada Spot : Accumulate
Top 5 Market Commentary
*DJ SGX Sicom Benchmark March RSS3 Rubber Up 1.1 Cents ...
DJ Malaysian AM Cash Market Prices for Palm Oil - Febru...
Argentina Soy Oil (FOB) Price Slips On Weak CBOT Soy Oi...
DJ Nymex/Comex Globex Metals Futures Hourly Price Updat...
*DJ Sime Darby Group CEO: Company Is Open to Selling It...
Copyright © CC Commodity Info Services LLP. All rights reserved.