Monday, 24 June 2013

Commodity tips Cardamom July MCX : 24 JUNE 2013

Cardamom traded higher retreating from a low of 753.10 and closed the day at 773.50. If prices are able to live up above 750, could limit the selling and see recovery rally towards 800 on regions. Moreover daily RSI (14) is gradually emerging up, indicating bullish outlook in the near term. the other side, major weakness is visible only below 750 levels for the day

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