Tuesday, 9 April 2013

Agricommodity trend

 CHANA
Trend updated for-Apr/09/2013.CMP-3573 Overall trend of the Chana is bearish for medium-long term .Currently Chana is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Chana is in HOLD LONG position.Positionally Support for the Chana is 3511-3409-3403-3394-3389-.Resistance for the Chana is 3669-
Currently Chana is in HOLD LONG position Chana is in sideways and sellers was at high so for short term better buy above 3611.2 or hold with stop at 3402.0 The next resistance will be at 3594.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3611.2 with a stop at 3550.4 Below 3535 go for sell and put stop at 3595.6
Intraday Resistance of CHANA are 3604.5/3630.6/3658.2/3688.5/3718.9
Intraday Support of CHANA are 3541.5/3515.4/3494.6/3479/3449.5/3420.2

PEPPER
Trend updated for-Apr/09/2013.CMP-35650 Overall trend of the Pepper is bearish for medium-long term .Currently Pepper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Pepper if it close above36370 or buy with strict stop at 34840. The oscillator is showing BUY signal For short term Pepper is in HOLD LONG position.Positionally Immediate support for Pepper is 34840.Resistance for the Pepper is 35886-35887-36267-37200-37240-37302-
Currently Pepper is in HOLD LONG position Pepper is moving sideways so short term investor better to buy only above 36200.0 with stop at 35455.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 36131.5 with a stop at 35374.4 Below 35170.2 go for sell
Intraday Resistance of PEPPER are 35814.2/35950.4/36095.6/36190.7
Intraday Support of PEPPER are 35485.8/35349.6/35339.7/35245.8 

 JEERA
Trend updated for-Apr/09/2013.CMP-13692 Overall trend of the Jeera is bearish for medium-long term .Currently Jeera is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Jeera is in HOLD LONG position.Positionally Support for the Jeera is 13357-13219-13160-13150-13134-.Resistance for the Jeera is 13784-
Currently Jeera is in HOLD LONG position Jeera has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 14013.5 with stop at 13007.5 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 14013.5 with a stop at 13518.9 Below 13372.7 go for sell and put stop at 13866.7
Intraday Resistance of JEERA are 13766.5/13840.5/13963.4/13903.2/13962.2
Intraday Support of JEERA are 13618.5/13544.5/13421.6/13435.5/13377.6

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