Enhance your NCDEX jeera trading skills with Moneymunch’s free jeera trading tips and market analysis. Stay updated on the latest commodity market trends and make profitable trades.
Price Range: 5152 Breakout Range: 15600 – 10448 A short reversal started from the 13110 levels.
Short-term Trend Analysis:
MCX Cotton is a sellable script until it remains below 17000for the target of 15800 – 15000. Isn’t it enough to know the next move? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
What’s next in crude oil?This week we are going to intraday trading alerts on gold, silver, and crude oil. Hence, keep subscribed! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Technical Perspective of Jeera
NCDEX Jeera may jump up to 14200 levels …but that doesn’t mean it will start moving upward until we see consecutive closing prices above it.
Bearish pressure will keep coming up to 13600 – 13260 levels.
Remember, don’t mess after crossover of 14200 levels.
Where’s the bottom of Guar Gum Futures?
Guar Gum’s strong support is at 6760. It has already broken in the previous trading sessions. You can start selling it after 6560 breakouts. This level will fall the prices up to 6400 – 6260.
But keep in mind, stay away after 6760 levels. Why? I will let you know in the next NCDEX Agri commodities report.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
MCX Gold prices blasted higher this year’s beginning, breaking out of their correction downtrend. What will happen next? Here’s how gold will perform this week:
This Time is Different for MCX Silver – 2020 vs. Dec 2019
First, I recommend to look out my 8th Dec 2019 Silver’s chart (Read Full Article).
Now, look at the current month chart:
Lock
Only subscribers can read the full article. Please log in to read the entire text.
As I had drawn, silver has performed. What else you want!?
Anyway, look into the chart, I have been drawing a new trendline. That is a trend confirmation sign. Don’t buy the silver below the 46600 levels. It could fall up to 46000 – 45360 from there.
And above 47000 levels, 47500 – 48000+ levels are waiting.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
If history repeats, crude oil will head to 4500
We cannot say this the crude oil under downtrend. It needs a consecutive breakout below the hurdle line to confirm it. And that breakout will fall the prices up to 4020 – 3900 below.
Otherwise, it will start climbing for 4280 – 4360 – 4400+ levels.
Gold prices stuck in the range of 37500 – 38600 levels. What will happen next? The full Gold report will be updated soon for the subscribers only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
As per the chart, the resistance trendline is crucial here. You can take the 4140 levels as a trend changer. Above resistance trendline, looks for further upside with 4240 – 4360 – 4440+.
But in the week beginning, 4100 – 4060 expected levels.
Jeera – What Next?
Jeera’s next support level is 15700level. After the breakout of support, we can expect 15500 – 15300 levels as targets. Above 16340(or upper trendline breakout) looks for further upside with 16600 – 16900 – 17160+ as targets.
Jeera is undoubtedly under uptrend. It will begin soon. Starting point: 17360 level Targets:17600 – 17800 – 18000
But don’t buy until the complete breakout of 17360. The hurdle of jeera is 16960. A consecutively closing under the hurdle level can initiate a new downtrend. It can be up to 16600 – 16300 – 16000 below.
Guar Gum: The bear rally is coming!
If you’re planning to sell Guar Gum, you may right up to 8500 levels. Perfect entry-level is 8480 for sellers. It will fall up to 8300 – 8200 from there.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Advance update of RMSeed – For Upcoming Breakpoint
Rape Mustard Seeds price is consolidating in the base range. Base Range has 170 rupees. We may see uptrend of 170 rupees in upcoming days, but after the breakout of a breakpoint.
Fib Pro Support (Start Value) is useful when it breaks ‘A Triangle’ support line. It’s advance update for NCDEX Traders. Keep patience, pick at right breakout point and earn!
Jeera Is NOT Bearish
We may seeRs.19000 before the weekend. According to the technical research, it has a solid uptrend ahead. Correction is also ahead so be careful.
The Monsoon’s effect on Soyabean Price
Soybean stock price will keep moving upside. It can move upward up to 3600 – 3620.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Castor Seed New – A Sign For Huge Upside Rally
The castor seed new price will break and close above the last trading session high of the level 4220then the bullish trend will expand.
Target:4250 – 4300 – 4330
Caution: One hurdle level is stopping the NCDEX Index upward rally. Hurdle level is, 2992. If it is the crossover and close above to this level, a solid uptrend will be up to 3050.
Note:Cotton Seed Oil Cake Akola may come down anytime. Hurdle: 1580.