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Technical Levels Strategy/Recommendations
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Agricultural Commodities
Technical Levels
Commodity Exchange Contract Trend S2 S1 LTP R1 R2
Spice Complex
Jeera Pepper Turmeric Chilli Coriander Cardamom NCDEX NCDEX NCDEX NCDEX NCDEX MCX Dec Dec Dec Dec Dec Dec Down Down Down Up Up Up 14430 38480 4970 5150 4975 843 14620 38790 5010 5195 5005 852 14755 39155 5072 5242 5055 863.50 14890 39500 5130 5290 5120 878 15020 39780 5180 5325 5165 892
Oilseed Complex
Soybean Mustard Seed Ref Soy Oil CPO Castor seed NCDEX NCDEX NCDEX MCX NCDEX Dec Dec Dec Dec Dec Up Sideways Up Up Sideways 3225 4180 684 434 3515 3250 4220 690 439 3550 3282 4267 696.25 443.90 3596 3315 4297 705 450 3635 3348 4325 712 455 3665
Others
Chana Sugar Kapas Kapas Cotton Cotton Oilseed Cake Gur Wheat Maize Barley Mentha Potato NCDEX NCDEX NCDEX MCX MCX NCDEX NCDEX NCDEX NCDEX NCDEX MCX MCX Dec Dec April 2013 April 2013 Nov Dec Dec Dec Dec Dec Nov Mar Down Sideways Sideways Sideways Sideways Down Up Up Up Up Up Sideways 4290 3305 964 965 15980 1388 1070 1565 1400 1400 1227 720 4330 3320 972 973 16100 1403 1078 1578 1415 1412 1240 726 4381 3336 981.50 982.20 16230 1418 1087.50 1587 1428 1425 1254.90 732.80 4425 3350 992 994 16350 1428 1097 1602 1446 1442 1271 736 4458 3368 1005 1006 16480 1441 1108 1614 1463 1458 1288 742
Recommendations
Jeera NCDEX December Contract
Recommendations
Maize NCDEX December Contract
On the daily Chart, Jeera prices closed below its 10 & 20 day EMA (Exponential Moving Average) which indicates bearish market sentiments. MACD is in the negative territory, which indicates further downside. Intraday Strategy: Sell NCDEX December Jeera between 14860-14890, SL-15025, Target- 14650/14430.
On the daily Chart, Maize prices closed above its 10 & 20 day EMA (Exponential Moving Average) which indicates bullish market sentiments. MACD is in the positive territory, which indicates further upside. Intraday Strategy: Buy NCDEX December Maize between 1415-1418, SL-1398, Target- 1445/1463.
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