Wheat outlook was shared with downward bias at cmp of US $ 556 and low side range of US $538. Low for the day US $ 537 on April 16, 2025.

==================== 

#Wheat outlook based on EOD data  April 11, 2025

CMP US $ 556.06

Outlook - Range bound with downward bias

Range - US $ 570 on upper side and US $ 538 on lower side

Note - Not a trading recommendation. Not expecting target to be achieved in case of change of market sentiments.

Comments

Post a Comment

Popular posts from this blog

Next 20 days Outlook of Nifty based on Patterns from Historical Price Data as on EOD Jan-15-2024

 Jai Jinendra, Patterns based prediction using Predictive Analytics Every data contains patterns based on which it is possible to predict the expected movement of the market. Here I am trying to derive expected movement of  Nifty in next 20 trading session which will be approximate 1 month timeframe.  This blog is like central repository for me that I can refer in future to see how my research of the subject is progressing. Please don't use it for your trading. See the disclaimer below. Next 20 days Outlook of  Nifty based on Patterns from Historical Price Data as on EOD Jan-15-2024 1. Pattern match is from multiple days where in Average Nifty had moved up 2.33%, corrected -2.05% and closed 0.25% in next 20 trading sessions compared to the opening levels of next trading day While there are minor supports in between, Next major support is between 4600-4640 levels. The minor resistance is at 4800 to 4840 levels. How did the prediction perform one month back? The patter...
Read more

Probability Insights of Nifty for 21-Aug-2023 #nifty

 Probability Insights of Nifty for 21-Aug-2023 NIFTY - Patterns based probability prediction Spot Nifty was expected to close lower than previous day close of 19365.30 with 50.57% probability. It indeed closed lower by -0.28%  lower than previous close at 19310.20 Overall back testing of Prediction accuracy as on 18-Aug-2023 is 54.02%. There are totally 6624 trading days of historical price data of Nifty. There are 744 trading days matching the pattern with that of close on 18-Aug-2023 Following is patterns based probability analysis for 21-Aug-2023 There are 368 trading days with positive close. There is 49.46% probability of spot Nifty closing > previous day close of  19310.20 There are 376 trading days with negative close. There is 50.54% probability of spot Nifty closing < previous day close of  19310.20 Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. The outcome could...
Read more

Name analysis of Infosys and Infy based on Vyakran Shashtra

Name analysis of Infosys and Infy based on Vyakran Shashtra Infosys word contains totally 8 alphabets out of which 4 alphabets belong to Water element category + 1 alphabet of Earth element category = totally 5 alphabets that are friendly to each other. There are 2 alphabets on opposing side with 1 alphabet of Fire element + 1 alphabet of Air element. If Ratio of both the sides comes to 75:25 then opposing sides work as a team, however here the ratio is slightly below at 71.43:28.57 which is very close to the expected ratio. Infy word contains totally 4 alphabets with 1 alphabet each belonging to Water element, Fire element, Earth element and Air element. When all four elements are in equal proportion, they work the best. This is really very good as per Grimmer Manual. I don't know if they had someone who suggested the name Infy based on Vyakran Shashtra or it is by chance? There could be many reasons for the success of a company. I believe how it is named is also a one of th...
Read more