Commodity Online Daily Technical Analysis

Chana to trade sideways

Chana trading range for the day is 4186-4430. Kedia Commodities research indicate support for Chana is at 4268 below that could see a test of 4186. Resistance is now seen at 4390 above that could see a resistance of 4430. In Delhi spot market, Cha

RM Seed and CPO trading analysis for Wednesday 16 May

Crude Palm oil trading range for the day is 571.23-591.83. Market is looking to take support at 577.3, a break below could see a test of 571.2 and resistance is likely to be seen at 587.6, a move above could see prices

Soy Complex trading ideas for Wed 16 May

Soybean trading range for the day is 3240-3462. Kedia Commodities research indicate support for Soyabean is at 3310 below that could see a test of 3240. Resistance is now seen at 3421 above that could see a resistance

Mentha Oil slowly and steadily losing ground

Mentha oil trading range for the day is 1350.2-1453.8. Support for the Menthol is seen at 1384.8 and below could see a test of 1350.2. Resistance is likely to be seen at 1436.6, a move above could see prices testing 14

Jeera to get support from rising exports

Jeera trading range for the day is 13385-14205. Kedia Commodities research indicate support for Jeera at 13655 below that could see a test of 13385. Resistance is seen at 14065 above that could see a resistance of 1420

Turmeric trades up corrections unlikely for the day

Turmeric trading range for the day is 3823-4051. Support for Turmeric is at 3883 below that could see a test of 3823. Resistance is seen at 3997 above that could see a resistance of 4051. Market has opened at 3910 and

Pepper stabilising positive after previous volatilities

Pepper trading range for the day is 37438-38598. Support for the Pepper is seen at 37747 and below could see a test of 37438. Resistance is likely to be seen at 38327, a move above could see prices testing 38598. Spot

Chilli and Cardamom tradig ideas for 16 May

Chilli June Futures prices continued the down trend for 3rd consecutive session on Tuesday. From opening of session prices remained down side biased on fresh selling on back of prevailing weak sentiments. Absence of sp

Copper declines Crude Oil eyes API inventory data

European markets eroded its earlier losses and traded on a positive note today on the back of positive German GDP data. German Prelim GDP rose by 0.5 percent in the first quarter (Q1) of 2012 as against decline of 0.2

Chana buying improves could remain sideways

Chana trading range for the day is 4122-4468. Support for Chana is at 4193 below that could see a test of 4122. Resistance is now seen at 4366 above that could see a resistance of 4468. In Delhi spot market, Chana jump

Mentha eyeing fresh arrivals

Mentha oil trading range for the day is 1324.5-1411.5. Support for the Menthol is seen at 1348.6 and below could see a test of 1324.5. Resistance is now likely to be seen at 1392.1, a move above could see prices testin

RM Seed recovery on the cards

RM Seed trading range for the day is 3685-3919. Market is looking to take support at 3734, a break below could see a test of 3685 and resistance is now likely to be seen at 3851, a move above could see prices testing 3