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

Technical: Masoor Canada (Mumbai) - Consolidation To Be Witnessed

11 Aug 2017 11:30 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 10/08/2017

Lentil (Masoor) - Canada Crimson – last close 3412.50: Consolidation to be witnessed

Weekly Chart

Reversal bounce has been witnessed from the demand zone of 3250-3075.

Low registered in last fortnight was 3000 and closed at 3412.

This suggests that near term swing bottom is in place and pullback towards DRV -3760 could be witnessed.

Expect consolidation henceforth this 3000 is now violated.

Trend is still down but signs of reversal could develop.


Conclusion

Expect consolidation till 3000 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 :  
   

Post Comment  

Latest Special Reports
Canadian Lentil Prices Hit Record Highs, Outlook Remain...
Canadian Chickpea Prices Hit Record High, Outlook for 2...
Canadian Dry Pea Market Sees Price Rise Despite Export ...
Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
more
Top 5 News
Canadian Lentil Prices Hit Record Highs, Outlook Remain...
Canadian Chickpea Prices Hit Record High, Outlook for 2...
Canadian Dry Pea Market Sees Price Rise Despite Export ...
Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
Top 5 Market Commentary
Cotton Prices Stable in Lower Rajasthan Amid Spinning M...
Stability Returns to Gujarat Cotton Market as Improveme...
Cotton Prices Hold Steady in North Indian States; Daily...
Solapur Pulse Market: Tur Prices Decline; Chana Prices ...
Tamil Nadu Civil Supplies Corporation Invites Tenders f...
Copyright © CC Commodity Info Services LLP. All rights reserved.