MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 16 OCT TO 20 OCT 2023
by admin- Saturday, October 14th, 2023 09:41:41 AM
MENTHA RANGE 870/1000
RANGE BOUND TO LIMITED RISKY
MENTHA OCT BUY AROUND 890/880 TGTS 930/65 SL BELOW 870 & UP 920 CLOSING NEXT
FCPO RANGE 3300/4100 DEC23 ABOVE 3700 FOR 3800/4000 SL 3600 & DOWN SIDE 3600 THEN BUYING RANGE 3300 LIMITED QTY
CBOT ABOVE 55 RISKY FOR 3/5 DOLLAR CHANCE IMP. RISKY SUP 52 FOR LIMITED QTY ENTRIES & SAME LEVEL CLOSING BASED NEXT DOWN
Oil view cbot gave from sup 52 some entries but view same even if breaks 52 then try physical small qty to take for some range bound trades expect 1 month range 48/63 & Palm oil also just range bound try taking some bottom qty with limited view for festival demand & BUT IN WINTER AVOID HOLDING IT ON BOUNCE