Thursday 2 January 2014

CORIANDER TREND & INTRADAY LEVELS 03-Jan-2014

Coriander is in long- medium- short-medium- term bull phase .Currently Coriander is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Coriander is in HOLD LONG position.Positionally Support for the Coriander is 7778-7676-7404-7145-6780-.Resistance for the Coriander is 7885-

Short term and Intraday Level of CORIANDER

Currently Coriander is in HOLD LONG position In Coriander is in up trend but last day trend was weak so adhere to stop at 7882 The Coriander is now trading in highly oversold level. The Coriander is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Sell if open below 7721 with stop loss at 7975.4 Buy is advised only above 8087.1
Intraday Resistance of CORIANDER are 7959.5 : 8071 : 8256 : 8118.6 : 8137.3
Intraday Support of CORIANDER are 7736.5 : 7625 : 7440 : 7850.5 : 7832.1

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