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Weekly Outlook: NCDEX Index, Soyabean, & Jeera Exodus to Reverse
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NCDEX Index Is Up But Bears Still Have The Advantage
From the Beginning of September, NCDEX Index price is struggling to move out from 3172 level. It needs to close above 3172 consecutively two days. That’s the only way to resume an uptrend. Otherwise, from this week we will see a big downfall.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_empty_space][vc_separator style=”dashed”][vc_empty_space][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]
Jeera Could Fall Lower In Coming Weeks
Jeera price is falling down day by day. We may see the following levels in the upcoming week: 18600 – 18500 – 18400
Note: Accurate entry & stop loss level will update on market hours for premium subscribers only.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_empty_space][vc_separator style=”dashed”][vc_empty_space][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]
Is This What Has Kept Soyabean Prices Low?
In the last trading session, soybean lost 18 rupees and closed negative at 3249 level.
If Soyabean show closing price below 3232 level (consecutively two days) again then it may come down up to 3200 – 3186 levels.
Caution: If it remains above 3232 level then a short uptrend will start hence don’t sell above this level.[/vc_column_text][vc_empty_space][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]
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