MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 28 NOV TO 02 DEC 2022

MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 28 NOV TO 02 DEC 2022

by admin- Saturday, November 26th, 2022 09:24:10 AM

MENTHA RANGE 920/1020
RANGE BOUND TO LIMITED RISKY

MENTHA DEC BUY AROUND 940 TGTS 980/1020 SL BELOW 935 & SUSTAINING ABOVE 970 BUY SL 965

COTTON RANGE 29000/34000
RANGE BOUND UP

LEVEL 1 – ABOVE 31400 DEC TGTS 31800/32400 SL 31200
LEVEL 2 – BELOW 31200 SELL 30800/300 SL 31400 BUY NEAR 29000 SL BELOW 28700

FCPO JAN ABOVE 4100 RISKY TGTS 4300/4600 SL 4000 IMP. RANGE BREAKOUT CLOSING BASED 4600 TILL THEN SAME RES & DOWNSIDE BELOW 4000 FOR 3800/500 BUT BUYING CAN BE SEEN AGAIN

Oils view still same for recovery up but avoid big tezi unless breakout happens & given lower range entry 3700/3400 worked n same view still on drop limited qty can be taken for trading. There are lot of rumors of getting oils products trading to be started in NCDEX again but if it happans then only tezi will stand strong only till then just trade and avoid standing on higher rates & Crude oil Imp. sup in NYMEX is coming around $75 so if it dips below that and stands then can show some pressure on oils but till then no issue

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