Turmeric
Last week, we recommended buying in TMC around 8350 and add more lot in
panic. It flared like anything and hit 8782 mark. Our target was
8700---8850.
Click on the below link and see what we had written on that day
Now what to expect???
Still looks positive and could test 8850 mark. Three consecutive closes +
weekly close above 8850 will see nonstop rally in TMC till 9800---10500+ mark
in days to come
TMC is forming triangle pattern on weekly chart from lower
levels along with it cross over of MACD and RSI too give support to our view.
Downside target seems limited and any sharp panic will be buying opportunity.
So traders can buy and accumulate TMC around 8300 and in
panic with stop loss of 7600 on closing basis.
Jeera
Support at 15700 and Resistance at 16300
Three consecutive closes + weekly close above 16300 will
take to 16900---17200+ mark in days to come else it could test its support
level of 15700 again
Further panic seen only weekly close below 15700 mark
Dhaniya
Crashed vertically and made a low of 10250. Hit 4% lower
circuit.
Now what to expect???
10000---9700 act as major support while 10900 act as
resistance
Upper side seems limited in Dhaniya and any sharp rise will
be selling opportunity in it but trade with levels only
