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

Technical: Wheat Delhi Spot: Pullback Rise Resumes

9 Nov 2017 2:16 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 09/11/2017


Technical: Wheat Delhi Spot: Pullback Rise Resumes

WHEAT Spot Delhi- Last Close- 1838- Pullback rise resumes



Trend is up as prices are above the averages.

The 55 VA is below 89 EMA which still indicates a bear market and current rise is a pullback.

Further rise continue above 1866 to test 1887 at least and may extend to 1988.

Expect support at lower level of 1802-1767.

Pullback is likely to continue with volatility.

Conclusion

Pullback is in progress towards 1866 and 1887.

       
  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
Black Matpe Polished (AP) Consolidating Above Key Supp...
Black Matpe Unpolished (AP) Consolidating in an Uptren...
Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne...
Castor Oil (Kadi) Weak Price Trend / Next Support at R...
Mumbai Masur Canada Crimson Container Weak Price Trend...
Top 5 Market Commentary
Market Wise Urad Arrivals: Supply Up By 3.99% Against P...
ICE/ZCE Daily Rates Update ( Time: 19:17 ) - 25 APRL 2...
Market Wise Tur Arrivals: Supply Up By 4.92% Against Pr...
DCE Daily Rates Update ( Time: 19:16 ) - 25 APRL 2024
Market Wise Moong Arrivals: Supply Down By -0.48% Again...
Copyright © CC Commodity Info Services LLP. All rights reserved.