MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 30 MAY TO 03 JUN 2022

MENTHA OIL,CPO,COTTON,CARDAMOM WEEKLY TARGETS FOR WEEKLY 30 MAY TO 03 JUN 2022

by admin- Saturday, May 28th, 2022 09:24:40 AM

MENTHA RANGE 1000/1120
RANGE BOUND TO LIMITED RISKY BUYING ON DROP

MENTHA JUN BUY AROUND 1020 TGTS 1070/1120 SL BELOW 1010 & SUSTAIN BASED 1060 DIP OR SUSTAINING ABOVE 1070 BUY SL 1065

COTTON RANGE 44000/48000
RANGE BOUND UP

LEVEL 1 – ABOVE 46500 JUN TGTS 46800/47200 SL 46200
LEVEL 2 – BELOW 46200 SELL 45900/500 SL 46500 BUY NEAR 44200 SL BELOW 44000

FCPO JUN BELOW 6800 TGTS 6600/6300 SL 6900 THEN EXPECT LIMITED BUY AROUND 6300 RISKY SL 6200 & UPSIDE VIEW ABOVE 7000 EXPECT AGAIN 7200/7500 BUT CAN TURN BACK AGAIN FROM 7500/7700 DOWN

OILS VIEW AS TOLD EARLIER EXPECTED 1ST DOWN NOW 200/400 ON RINGGIT DOWN LIMITED PHYSICAL BUYING THEN CAN GET 300/600 RINGGIT FOR 1/2 WEEKS VIEW DO NOT HOLD ON HIGHER RATES GOVT. IN ACTION AT HIGH PACE

SAME VIEW FOR SOYOIL & SUN.OIL OF 30/70 RS DOWN THEN EXPECT LIMITED RECOVERY AGAIN & BIG DOWN STILL NOT EXPECTED AS PER GLOBAL CONDITIONS

SARSO HAS OPPOSITE STORY ONLY ON BASED ON CPO,REFOIL TEZI IT WILL WORK NOT ON ITS OWN SO DON`T GET ATTACHED TO SARSO MUCH N STICK WITH TRADING VIEW ONLY BASED ON LOWER RATE ENTRY & EXITING ON BOUNCE NO PROPER HOLDING REST LOOK AT YOUR OWN STATE LOCAL DEMAND

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