Jeera Special Report
In the previous trading session, NCDEX Jeera tried to break January low, 20790 level. The negative opening attracted buyers and demand were increased, so it closes at 21000. Is this signals that we could see, 21500 level in future?
Let’s expose Jeera: It was a fake movement. Jeera may show us higher demand for 1-2 days more, but it is in a downtrend as per short-term view.
This information is sufficient for agri-commodity traders and investors! For more information, subscribe to our service.
Soyabean Price Can Increase
Soyabean prices are continually upstairs after last November month! It’s amazing moving upside without any stop! We will see 3400 – 3480 levels soon!
Guargum demand will increase
Guar gum negative movements are indicating demand will go higher in the future.
Hurdle: 8800
Target: 9500
Note: Hurdle breakout can increase supply, and we could see price 8500.
Castor seed price will keep continuing falling down
What are you waiting for? Go and start sell…
Targets: 3910 – 3860
For premium members only: Exact entry level will be revealed after the commodity market opening bell.
Please log in to read the entire text. If you don’t have a login yet, please subscribe now to get access.
Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips →
Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.