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

Technical : Dhaniya Kota Spot : Minor Pullback Is Possible

23 Nov 2017 12:47 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 23/11/2017


Technical : Dhaniya Kota Spot : Minor Pullback Is Possible

DHANIYA KOTA- Last Close- 4852: Minor Pullback To Averages Possible




In comparison to last update and considering current price movement not much change of view is noticed.

Down trend because prices are below averages and 55 VA is below 89 VA.

Wave c is in progress which can end around the bottom of Wave 2.

Lower levels which are likely to be tested with volatility will be 4222 and 3800.

Minor pullback towards the 55 VA and 89 VA can be witnessed.

The averages are placed at 5314 and 5787.

In due course of time price may slide to 3800-3700.

Conclusion

Trend is still down.

Minor pullback towards 5314-5787 is possible.

Weakness will continue below 4600.

       
  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
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Black Matpe (Urad) FAQ Burma (CNF$) Positive Trend / N...
Pea (Matar) Kanpur U.P. Line Counter-trend Rally / Nex...
Australia''s Lentil Exports Jump 61% in February; Chick...
more
Top 5 News
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
RBD Palm Olein (Kandla) Positive Short-term Trend / Ne...
Soybean Meal (Indore) Trending Higher / Next Resistanc...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Weekly: ICE cotton futures post extend fall for sixth s...
Top 5 Market Commentary
ZCE Cotton And Yarn Evening Closing - 16 Apr 2024
DCE Oil Complex Evening Closing - 16 Apr 2024
Clove Prices Remain Stable in Key Markets
Domestic Pepper Prices Surge; Vietnamese Prices Decline...
Small Cardamom Prices Witness Uptick; Marginal Decline ...
Copyright © CC Commodity Info Services LLP. All rights reserved.