Commodity	:	Rapeseed
Exchange	:	NCDEX
Perspective	:	Very Short Term

Technical Commentary:
 Candlestick chart pattern reveals profit-booking.
 Prices closed below 9-day and 18-day EMA indicating bearish momentum in near and medium-term.
 MACD is easing in negative territory.
 RSI is declining in neutral region while stochastic is rising in neutral region.

Mustard seed prices are likely to decline in Friday’s session.

Trade Recommendation – Rapeseed NCDEX (Jul)
Call Entry T1 T2 SL
SELL <2877 2867 2862 2892
Support & Resistance
S2 S1 PCP R1 R2
2834 2860 2872 2912 2942