MCX Cardamom - Intraday Technical Views

Cardamom Mar MCX:

Cardamom prices reversed the previous day’s losses and finally it closed the day at 792.80. For the day, we expect consistent trade above 775, may see a bounce back towards 810 followed by 835 levels. Moreover, prices are trading well above 13, 22, 45 day EMAs suggesting a near term bullish view. On the lower side, if prices may break below 750 see a sharp fall towards 730 followed by 710 levels.

Resistances: 793/810/835
Supports: 775/750/730/710

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