Monday 24 June 2013

Commodity market tips Jeera July NCDEX: 24 JUNE 2013

Jeera traded higher from a low of 13517.5 and closed the day at 13705. If prices are able to stay above the technical base of 13600, could see rallies to continue towards 13800 followed by 14000 levels in the immediate run. The leading indicator, daily RSI (14) is showing a potential rally. However, on the lower side, unexpected fall below 13500 could see corrective waves towards 13250 for the day.

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