MTECHTIPS:has come out with its report on Cardamom
Cardamom Jan MCX: Prices plummeted sharply from a high of 1017.4 and closed the day at 981.6 levels. As prices crashed the trend line support of 1000, selloffs kicked off, and may see continuation of fall towards 950 followed by 925 regions in the near term. Supporting to that, daily RSI and MACD also ignited towards bearish mode. Conversely, any acute rise above 1050 could negate our bearish outlook immediately.