Commodity | : | Rapeseed |
Exchange | : | NCDEX |
Perspective | : | Very Short Term |
Technical Commentary:
Candlestick chart pattern reveals prices are uptrend in the market.
Prices closed above 9-day and 18-day EMA indicating bearish momentum in near and medium-term.
MACD is rising in negative territory.
RSI and stochastic are rising in neutral region.
Mustard seed prices are likely to gains in Thursday’s session.
Trade Recommendation – Rapeseed NCDEX (Jul)
Call Entry T1 T2 SL
BUY >2893 2903 2908 2888
Support & Resistance
S2 S1 PCP R1 R2
2870 2882 2898 2918 2924
