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Agri Weekly Report: Motilal Oswal

According to Motilal Oswal, The weekly chart shows that the trend for Dhaniya has shifted to the positive side.

September 14, 2021 / 07:38 PM IST

Motilal Oswal's report on Agri Weekly


The weekly chart shows that the trend for Dhaniya has shifted to the positive side. Since May 2019, prices have been fluctuating between Rs. 5300 and Rs. 7600. The range bound activity created an ascending triangle. The upper bound was set at Rs. 7730 , that got broken out on Aug 23, 2021, indicating an uptrend. The week's forecast is for Rs. 8200 to Rs. 8600.


Outlook


The current support level is anticipated to be Rs. 7700, with Rs. 7500 acting as a strong support level.


For all commodities report, click here

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first published: Sep 14, 2021 07:38 pm

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