NCDEX CASTOR SEED MARKET|NCDEX CASTOR SEED TREND ANALYSIS|CASTOR SEED NCDEX TODAY
NCDEX CASTOR SEED MARKETNCDEX Castor Seed has been started on NCDEX Online Electronic mode which starts from April 2004 onwards.
NCDEX as a Good Price Risk management tool for Hedgers, Arbitrager can get profit using Calendar spread Strategies and Speculator may get benefit due to high volatile nad large volume traded in the Castor Seed Market.So,It s collectively good commodity for trading for all the market participants.
NCDEX CASTOR SEED TREND ANALYSIS
NCDEX Castor Seed Trend Looks weak as per Daily Chart, But Some of the technical indicators showing Oversold levels there is possibility of buying appears.
NCDEX Castor Seed Dal Likely to trade as Projected/Expected High 5641.00
Projected/Expected Low 5063.00
For this month 's trading
NCDEX
Castor Seed Trend Analysis
NCDEX Castor seed July contract has made a high of 5798 as last month
June. NCDEX Castor seed was given as 6354 as three month high from
April Historical Data. Castor seed declining every day from the month
April 2019. It has made [Same High] matching High as 5550 in June 25th
and 26th. So, once it has to cut the level of 5550 to get a buy
signal. If looks overall weak, currently 5550 as good resistance.
NCDEX Castor seed July contract has made a high of 5798 as last month
June. NCDEX Castor seed was given as 6354 as three month high from
April Historical Data. Castor seed declining every day from the month
April 2019. It has made [Same High] matching High as 5550 in June 25th
and 26th. So, once it has to cut the level of 5550 to get a buy
signal. If looks overall weak, currently 5550 as good resistance.
Price, open interest and volume decreasing it shows NCDEX Castor seed
consolidating this week it may show the trend for following days.
Weekly Pivot Point :1821.50
Supports:1803,1788.50,1770
Resistances :1836,1854.5,1869
Related Links:
NCDEX Intraday Pivot levels
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