kotak commodities

The following post is a sponsored post.

NCDEX Jeera Chart 21-May-2015

Jeera prices are trading in higher top higher bottom formation, indicating uptrend. But recently prices have taken resistance at 18600 levels after breaching previous top 17000 levels, forming lower high on RSI, creating divergence. We expect Jeera prices to trade lower in short term and hence recommend to go short in NCDEX Jeera on rise towards Rs. 17950 for the target of Rs. 17300.

About Kotak Commodities

Kotak Commodities is promoted by the Kotak family that has decades of experience in commodity trading, they have a full-fledged research division involved in macro & commodity complex research and commodity specific research. This is combined with a strong and well networked sales force, which helps deliver current and up-to-date market information and news. For more information visit their website. http://www.kotakcommodities.com/

{ 0 comments }

The following post is a sponsored post.

NCDEX Chana Chart 21-May-2015

We maintain our bullish view in NCDEX Chana as prices have been in an up trend forming higher tops and higher bottoms. Recently, as shown above on weekly chart, prices have breached 38.20% Fibonacci levels. Prices continue to trade above 9,13,21 EMA signaling bullish trend. Hence we recommend to go long in NCDEX Chana on decline towards Rs. 4290 for the target of Rs. 4415.

About Kotak Commodities

Kotak Commodities is promoted by the Kotak family that has decades of experience in commodity trading, they have a full-fledged research division involved in macro & commodity complex research and commodity specific research. This is combined with a strong and well networked sales force, which helps deliver current and up-to-date market information and news. For more information visit their website. http://www.kotakcommodities.com/

{ 0 comments }