Daily ncdex report 25 06-15
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This document provides daily technical analysis and trading recommendations for several commodities on the NCDEX market for June 25th, 2015. It analyzes the Dhainya, Turmeric, Jeera, and Mentha Oil commodities. For each commodity, it provides a daily candlestick chart showing support and resistance levels. It then provides a justification and recommendation for either a long or short position on each commodity based on indicators showing oversold or buy/sell signals from oscillators. Positional recommendations include entry and stop loss price levels.
Daily ncdex report 25 06-15
- 1. THURSDAY 25TH JUNE,2015 www.3mteam.in a STOCK /COMMODITY/FOREX/PMS/WEALTH MANAGEMENT Technical based Trading and investment call Entry- Exit Trend Reversal+ Proper Stop loss NCDEX DHANIYA (JULY.) @ 11995 CANDELSTICK DAILY CHART OF DHANIYA (JULY.) S2 11745 S1 11870 PIVOT 12085 R1 12210 R2 12425 JUSTIFICATION Coriander is in hold long position In short term Coriander is in strong up trend so hold with stop at 11832 The Coriander is now trading in highly oversold level. The Coriander is now trading in highly oversold level. The oscillator is showing buy signal. EQUITY DAILY NEWSLETTER 11th FEB. 2013 NCDEX DAILY NEWSLETTER 25TH JUNE, 2015
- 2. THURSDAY 25TH JUNE,2015 www.3mteam.in NCDEX TURMERIC (JULY.) @ 7118 CANDELSTICK DAILY CHART OF NCDEX TURMERIC (JULY.) S2 6809 S1 6963 PIVOT 7077 R1 7231 R2 7345 JUSTIFICATION Turmeric is in sideways so for short term better buy above 7120 with stop at 6850.0 The Turmeric is now trading in highly oversold level. The Turmeric is now trading in highly oversold level. The oscillator is showing buy signal. Turmeric is bearish for medium-long term .Currently Turmeric is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Turmeric is now trading in oversold level.
- 3. THURSDAY 25TH JUNE,2015 www.3mteam.in NCDEX JEERA (JULY.) @ 16115 CANDELSTICK DAILY CHART OF NCDEX JEERA(JULY) S2 15385 S1 15750 PIVOT 15965 R1 16330 R2 16545 JUSTIFICATION Jeera is showing some up momentum So buy above 16070.0 with stop at 15510.0 The Jeera is now trading in highly oversold level. The Jeera is now trading in highly oversold level. The oscillator is showing buy signal. Currently Jeera is in strong downtrend and the trend is supported with good volume the open interest is not increasing with trend. In last few days volume based selling happened in the Jeera. The Jeera is now trading in oversold level. The Jeera is now trading in oversold level.
- 4. THURSDAY 25TH JUNE,2015 www.3mteam.in NCDEX MENTHA OIL(JUNE.) @ 1067.60 CANDELSTICK DAILY CHART OF NCDEX MENTHA OIL(JUNE.) S2 1047 S1 1057 PIVOT 1069 R1 1080 R2 1092 JUSTIFICATION Menthaoil is in hold short position Menthaoil is in sideways so for short term better buy above 1146.8 with stop at 1046.9 the oscillator is showing sell signal Intraday Trend- Buy is advised only above 1091.2 with a stop at 1054.8 below 1044.1 go for sell and put stop at 1080.5