Buy NCDEX Dhaniya (Sep) @7360 SL 6840 TGT 8300 - Choice Broking
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* On a weekly Chart, NCDEX Dhaniya (Sep) Se. price has been rising continually in a Bullish trend with Higher Highs & Higher Lows formation from last couple of weeks.
* The price has given breakout of Falling wedge pattern with spurt volume , which point-out positive trend for the near term.
* In addition, the price has been trading above Ichimoku Cloud & 21 Exponential Moving Averages , which support the upward trend.
* Moreover, the price has taken support of 61.8% Fibonacci Retracement level, which confirm bullish momentum in the near future.
* Based on the above technical structure, we suggest a bullish movement in NCDEX im Dhaniya (Sep) towards the level of 8300 in the near future.
Buy NCDEX Dhaniya (Sep) @7360 SL 6840 TGT 8300
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