Tuesday, 10 September 2013

CS JEERA UPDATE – 10 September 2013

CS JEERA (OCT.) OVERVIEW:


Indian jeera, or cumin seed, futures fell due to higher stocks, expectations of better sowing on good rains and higher-than-expected supplies. Export demand is lower-than-expected and stocks are high. Supplies still have been good despite the lean season.

TREND CONSOLIDATE


SUP1:13560,
SUP2:13430,
RESIST1:13850,
RESIST2:13930,


TRADING STRATEGY: SELL ON RISE.

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