MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 03 OCT TO 07 OCT 2022
by admin- Saturday, October 1st, 2022 09:25:27 AM
MENTHA RANGE 940/1040
RANGE BOUND TO LIMITED RISKY
MENTHA OCT BUY AROUND 960/50 TGTS 990/1030 SL BELOW 945 & SUSTAINING ABOVE 995 BUY SL 990
COTTON RANGE 28200/34000
RANGE BOUND UP
LEVEL 1 – ABOVE 31200 OCT TGTS 31500/900 SL 31000
LEVEL 2 – BELOW 31000 SELL 30700/200 SL 31200 BUY NEAR 28500 SL BELOW 28200
FCPO NOV ABOVE 3400 ONLY FOR 3600/3900 SL 3300 IMP. RES RANGE 3900/4200 & DOWNSIDE BELOW 3300 FOR 3100/2800 THEN LIMITED BUY MOVES AGAIN BUT TRADING BASED ONLY
Oil complex view still same its just a recovery for demand based limited trades and should not get trapped in it so keep taking some on lower levels and keep booking on bounce recovery 200/400 ringgit over all sentiment looks after recovery again some down moves expected