When futures trading took place on Friday, the price of coriander increased by Rs 22, reaching a total of Rs 12,808 per quintal. One possible explanation for this increase is that speculators have increased their holdings, which was driven by a strong trend that was noticed in the spot market. The price of coriander contracts Read More
Price consolidation near moving averages indicates sideways market structure. Resistance at 11,550–11,600 limits upward movement. Recent falls were held by strong support between 11,050–10,850. Short-term momentum is improving as RSI rises into mid-zone. MACD bullish crossover suggests rising movement. Coriander futures on the 1-hour period are consolidating around the 50 MA and 200 MA, indicating Read More
A powerful short-term momentum in the market is indicated by the fact that the present price levels are constantly positioned above the 50-hour moving average. When it comes to intraday corrections, support is carefully positioned around the 11,100–11,000 range. A range of 11,600 to 11,650 is where resistance is seen, and this area coincides with Read More
