Tuesday 31 December 2013

JEERA TREND & INTRADAY LEVELS

Jeera is bearish for medium-long term .Currently Jeera is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Jeera is in SELL position.Positionally Support for the Jeera is 12541-12519-.Resistance for the Jeera is 12716-12735-12817-12835-

Short term and Intraday Level of JEERA

Currently Jeera is in HOLD LONG position Jeera has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 12758.7 with stop at 12370.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 12758.7 with a stop at 12519.5 Below 12456.8 go for sell and put stop at 12695.7
Intraday Resistance of JEERA are 12685.9 : 12751 : 12765.6 : 12789.1
Intraday Support of JEERA are 12529.1 : 12464 : 12428.9 : 12405.7

 

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