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Ncdex RM Seed Make or break?

From the below chart of Ncdex RM Seed (Continuous contract), prices are currently hovering near the resistance of the red channel. It will be imperative for prices to move above 4250 for further positive possibilities. However, a reversal from current levels will make price re-enter to the channel, thus infusing selling pressure. RSI is in a deep overbought zone and can relieve from current levels going ahead. A move below 4150 levels will open negative possibilities which can make prices tumble till 4050 levels over a short term.

Ncdex RM Seed

Ncdex Rm Seed के नीचे चार्ट से, कीमतें वर्तमान में लाल चैनल के प्रतिरोध के पास हो रही हैं। आगे सकारात्मक संभावनाओं के लिए कीमत 4250 से ऊपर बढ़ने के लिए अनिवार्य होगा। हालांकि, मौजूदा स्तरों से एक उलटा मूल्य चैनल को फिर से दर्ज कर देगा, इस प्रकार बिक्री दबाव में वृद्धि होगी। आरएसआई एक गहरे ओवरबॉट क्षेत्र में है और आगे बढ़ने वाले मौजूदा स्तरों से छुटकारा पा सकता है। 4150 के स्तर से नीचे की एक कदम नकारात्मक संभावनाएं खुल जाएगी जो कम अवधि में कीमतें 4050 के स्तर तक गिर सकती हैं।

Tags: Agro CommodityNcdexRm SeedRm Seed PricesTechnical Comment & Charts
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