Login ID:
Password:
Partner Login
Contact Us : 7066511911

Technical: Cotton Seed Gujarat Kadi Spot - Consolidation At Lower Level In Down Trend

7 Dec 2017 1:40 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 06/12/2017

Cotton Seed Gujarat Kadi- Last Close (Mean)- 388.50 - Consolidation At Lower Level In Down Trend


Daily Full Chart As Per Available Data


Pullback to averages can be witnessed.
The averages are placed at 408 and 419.

Lower are levels of 360 and 340 are for consolidation.

Trend is still down and consolidation is likely to be continue at current level or at lower levels.

Conclusion
Higher levels will attract resistance at sell at the averages.

Trend still down with volatility though prices could bottom out at 360-340 zone in time to come.


       
  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: Cotton Seed Oil Cake Kadi-Accumulate
more
Top 5 News
Technical:Mumbai Matar Canada -Minor Correction For Con...
Technical: Mumbai Lemon Tur- Support/Consolidation At L...
India July Veg Oil Imports Down 27% Y/Y At 11.19 Lakh T...
India 2017-18 Spices Production Down 2.3% Y/Y At 8.4 Ml...
Weekly: Urad, Chana Gain Most This Week; White Pea Soft...
Top 5 Market Commentary
Tur Trade Mixed At Major Markets; Demand In Dal Sluggis...
Urad Weak At Major Markets; New Urad Begans At Latur
India Govt Cuts Base Import Price Of Edible Oils
BMD CPO Futures Stage Recovery, Ends Higher
Maharashtra Sugar Mill Prices – 14 August 2018
Copyright © CC Commodity Info Services LLP. All rights reserved.