E2S Commodity updates
23/11/2022
Turmeric(Apr)
Below 8800.. out target was 8500---8250---8000. It crashed and made a low of 8280
Now what to expect???
Below 8250.. will see panic in TMC till 8100---8000---7900 mark
Will expect sharp reversal from lower levels
So wait for conformation
Rmseed (Apr)
Below 3510... out target was 3420---3370. Just made a low of 3383
Now what to expect???
Close below 3370 will see further panic till 3330---3270 mark
Revise stop loss of 3480
Soyaref (Feb)
Below 650... our target was 642---636. Again recommended selling in Soyaref below 636. Just made a low of 620.50
Now what to expect???
Close below 622 will take to 618---615 and then to 607
Revise stop loss of 629
CPO
Told to sell around 448---450. Just made a low of 434.
Close below 433 will see further panic till 428---425.50 mark. Revise stop loss of 439
Others can wait for fresh entry
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23/11/2022