MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 06 JUN TO 10 JUN 2022
by admin- Saturday, June 4th, 2022 09:29:33 AM
MENTHA RANGE 1000/1100
RANGE BOUND TO LIMITED RISKY BUYING ON DROP
MENTHA JUN BUY AROUND 1020/10 TGTS 1060/1100 SL BELOW 1000 & SUSTAIN BASED 1050 DIP OR SUSTAINING ABOVE 1055 BUY SL 1050
COTTON RANGE 44000/48000
RANGE BOUND UP
LEVEL 1 – ABOVE 46200 JUN TGTS 46500/900 SL 46000
LEVEL 2 – BELOW 46000 SELL 45700/300 SL 46200 BUY NEAR 44200 SL BELOW 44000
FCPO RANGE 6300/7400
FCPO JUN ABOVE 6900 TGTS 7100/7400 SL 6800 & RES 7500 & DOWNSIDE BELOW 6800 EXPECT 6600/6300 THEN REVERSE UP BUT RISKY
OILS VIEW STILL SAME RANGE BOUND & 300/500 RIGGIT DIP SOME PHYSICAL STOCK CAN BE TAKEN & ON HIGHER SIDE PROFIT BOOKING AREA AROUND 7500 SO AVOID HOLDING AGAIN ON HIGHER
CRUDE OIL PRICES CAN PLAY SOME ROLES IN OIL PRICES IF THEY STAY UP THEN ONLY SUPPORT FOR OILS & FCPO LOW PRODUCTION ALSO CAN SUPPORT IT BUT VIEW SAME NO BIG MANDA N NO BIG TEZI