Monday 20 October 2014

Capital stroke NCDEX Update : TURMERIC 21 October 2014




Trend updated for-Oct/21/2014.CMP-6066 Overall trend of the Turmeric is bearish for medium-long term .Currently Turmeric is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY and Turmeric closed below 1 week low with volume signals down breakout.Positionally Support for the Turmeric is 6031-.Resistance for the Turmeric is 6145-6205-6291-6300-6336-

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