MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 17 OCT TO 21 OCT 2022
by admin- Saturday, October 15th, 2022 09:03:43 AM
MENTHA RANGE 930/1030
RANGE BOUND TO LIMITED RISKY
MENTHA OCT BUY AROUND 950/40 TGTS 990/1030 SL BELOW 935 & SUSTAINING ABOVE 990 BUY SL 985
COTTON RANGE 30500/34500
RANGE BOUND UP
LEVEL 1 – ABOVE 32500 OCT TGTS 32800/33200 SL 32300
LEVEL 2 – BELOW 32200 SELL 31900/500 SL 32400 BUY NEAR 30500 SL BELOW 30300
FCPO NOV ABOVE 3800 ONLY FOR 4000/4300 SL 3700 IMP. RES RANGE 4300/4500 & DOWNSIDE BELOW 3700 FOR 3400/3100 THEN LIMITED BUY MOVES AGAIN BUT TRADING BASED ONLY
Oil complex view still same some recovery to stand to test 4000/4300 but from there expect some prfit booking so stay alert & oil market can show stock covering on high rest will depend on the Govt. for starting Oil complex in NCDEX. & bottom out still 3000 expect not to breach it