MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 01 AUG TO 06 AUG 2022

MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 01 AUG TO 06 AUG 2022

by admin- Saturday, July 30th, 2022 08:11:00 AM

MENTHA RANGE 980/1060
RANGE BOUND TO LIMITED RISKY

MENTHA AUG BUY AROUND 990 TGTS 1020/60 SL BELOW 980 & SUSTAIN BASED 1010 DIP OR SUSTAINING ABOVE 1020 BUY SL 1015

COTTON RANGE 43500/47000
RANGE BOUND UP

LEVEL 1 – ABOVE 45000 AUG TGTS 45300/700 SL 44800
LEVEL 2 – BELOW 44800 SELL 44500/44100 SL 45000 BUY NEAR 43500 SL BELOW 43300

FCPO AUG ABOVE 4400 TGTS 4600/4900 SL 4300 IMP. RES 5000/5300 FOR PROFIT BOOKING & DOWNSIDE BELOW 4200 SUSTAIN EXPECT 3900/3500 THEN AGAIN LIMITED BUY

DUE TO INTEREST RATE INCREASE IN USA CBOT PUSHED UP & MADE OILS PRODUCTS POSITIVE & WILL KEEP POSITIVE FOR NEXT WEEK BUT ON HIGHER RATES AVOID HOLDING KEEP CLEARLING SOME STOCKS & ALSO AS GIVEN LAST TIME LIMITED DEMAND CAME BETWEEN 20/30 JUL & EXPECTING SOME MORE LOCAL DEMAND IN AUG STARTING MONTH BUT STAY ALERT ON HIGHER RATES AND KEEP QTY LIMITED AND DO MORE TRADING THAN HOLDING

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