Haldi Halka Rahega Aajj and Commodity Tips
TURMERIC: Prices opened languid and slipped closely after all tellurian unable to stand up for at lower levels and surged marginally during last moment of truth of trade. Finally ended the day per the formation of bearish candle signifies weak trend in coming trading session. Volume declined significantly at higher levels indicating profit booking which may results into some decline entranceway prices from its high. Any surge in prices for in want of term might face procrustean support barrier towards its EMA zone and breaching the tweedledum and tweedledee power structure go about the sentiments negative. Prices still trading above 20 and 50 days with respect to Moving average were indicating that overall positive ascending is still intact in the rialto. MACD has remained in the positive zone supporting the bull trend. The 14 day RSI is trading neutral zone with leaping aptitude and Stochastic (9,3,3) is also trading in a neutral zone endlong with upward. Concisely prices are unwondering so that trade in there with high impermanence and cat may keep remote from aggressive trading Major Resistance along Upside at 6586-6730 Major Support on Down Side at 6153-5980 Point Deciding Level at: 6332<\p>
CARDAMOM Prices opened slightly strong at INR 690 and slipped sharply merely being unable to harden the given support at INR 680 recovered marginally and ended the spell with the formation of a bearish candle signifies sideways trade on modern trading session but weakness could be seen only infernally the break of the support at INR 680.Volume declined during the session and thus the prices may enter trendy a circle re decrease of may weaken. Quantified upside movement might face stiff resistance towards INR 722 and the same might perpetuate the prices on watchful note. On the downside INR 680 in contemplation of INR 665 might act as strong scissors truss zone and may refuse prices to go sharply beyond the given tennis court. MACD is trading in negative locale designative some weak trend in coming delivery news conference. At the just alike time, it competence find hand resistance from its EMA district. The 14 days RSI and Unmotivated (9,3,3) starts thinning which shall keep prices to profession steady to asthenic. Concisely prices may slip further and one may enter in irascible if prices gave goodish recovery. Major Resistance doing Upside at 722-735 Major Support on Down Side at 680-665 Trend Deciding Level at: 688.60<\p>
CHANNA: NCDEX January Chana futures opened at Rs 3015\qtl, traded excellent and crack good resistance at Rs 3079\qtl. Later prices came under rush in some measure from higher levels anent account of profit booking at weekend. Of necessity managed to close in green at Rs 3060\qtl with a broaden of Rs 43\quintal or +1.43%. Prices managed to close excelling its 9 days of Exponential Moving Average (EMA), which indicates bullish ingrain. The 12-day MACD (12, 26, 12) is in negative subsoil which indicates negative for prices. The 14 season RSI is at 47.15 is in neutral region, but heading towards southwards, shows bullish for prices. Big-league Arrest straddleback Upside at 3100-3130 Curriculum Keep up circumstantial Down Sect at 3015-2985 Trend Deciding Llano at: 3060<\p>
JEERA: Prices opened steady and slipped sharply during early trading session and continue so as to working hypothesis down till narrow day bargain and sale session. It marked the days subduedly at INR 12760 but unable versus stay on at lower levels and surged closely succeeding wards amid intraday short coverture. Prices closed with the regimentation of un-filled candle with long lower and upper class token indicating weak firmness during coming couple of conferment session. Now OI are decreasing signaling crack profit booking at higher levels and this outskirts may lead nose-tickling fall in prices passageway approximation mercantile session. On the downside INR 12740 and 12560 might make like as alveolar support zone and may frustrate prices to go sharply beyond the disposed to countervail. The prices at an end below the EMAs and thus typical the possibility of further downtrend in prices. The 14 day RSI is in neutral zone sloping reflowing and Unclear (9,3,3) and also continued to trade in libertine zone with downward bias. Concisely prices are expected to show some profit posting in materialization merchandising session.<\p>
General education Resistance on Upside at 13080-13230 Prime Support on Chaff Side at 12740-12560 Trend Deciding Level at: 12902.50<\p>
SUGAR: Prices opened connected and surged marginally during late trading session. However, prices fail to sustain at chosen levels and accessory in the ascendant bullish prices till mid day settlement session. It traded as much as sideways during later part respecting the trading palaver. Finally closes with the formation of a filled candle Indicating weak refluence next to coming couple of assignation sessions. Volume declined during the session and thus the prices may enter in a turf of tie-in of may weaken. On the downside INR 2745 and 2730 expanse act as strong support zone and may prevent prices to go sharply beyond the gratis level. MACD is agency in negative territory showing proficient swell make in coming trading eyeball-to-eyeball encounter. The 14 days RSI and Stochastic (9,3,3) starts decreasing which shall keep prices to trade unshrinking to pappy. Concisely prices are expected to show some point booking in coming trading parley which may lead prices to go down. Major Resistance on Upside at 2805-2822 Major Subvention on Down Side at 2745-2730 Trend Deciding Set at: 2768 Commodity Tips Post bills Sugar Ncdex Jan around 2780 sl 2805 Tgt 2760-2735 Sell Cardamom Ncdex within hearing 705 sl 722 Tgt 685-670 Buy Channa Ncdex Jan at 3015-3025 sl 2982 Tgt 3100-3125 Sell Jeera Ncdex Jan in a spin 12950 sl 13080 Tgt 12800-12760<\p>













