BR100 Increased By (1.7%)
BR30 Increased By (1.75%)
KSE100 Increased By (2.18%)
KSE30 Increased By (2.41%)
BECO 5.38 Decreased By ▼ -0.01 (-0.19%)
BML 57.15 Increased By ▲ 0.67 (1.19%)
BOP 36.36 Increased By ▲ 1.27 (3.62%)
CNERGY 8.19 Increased By ▲ 0.02 (0.24%)
DCL 11.85 Increased By ▲ 0.41 (3.58%)
FCCL 59.02 Increased By ▲ 1.47 (2.55%)
FCSC 5.00 No Change ▼ 0.00 (0%)
FFL 17.85 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.26 Increased By ▲ 0.01 (0.8%)
HUMNL 11.51 Increased By ▲ 0.34 (3.04%)
KEL 8.34 Decreased By ▼ -0.20 (-2.34%)
KOSM 6.62 Decreased By ▼ -0.11 (-1.63%)
MLCF 107.12 Increased By ▲ 0.21 (0.2%)
NBP 204.59 Increased By ▲ 6.09 (3.07%)
PACE 11.09 Increased By ▲ 0.02 (0.18%)
PAEL 45.32 Decreased By ▼ -0.13 (-0.29%)
PIAHCLA 31.80 Increased By ▲ 0.37 (1.18%)
PIBTL 18.85 Decreased By ▼ -0.23 (-1.21%)
PPL 244.25 Increased By ▲ 1.63 (0.67%)
PRL 36.24 Increased By ▲ 0.57 (1.6%)
PTC 72.07 Increased By ▲ 6.55 (10%)
SEARL 94.60 Increased By ▲ 0.06 (0.06%)
SSGC 31.84 Decreased By ▼ -0.24 (-0.75%)
TELE 9.06 Increased By ▲ 0.19 (2.14%)
THCCL 68.33 Increased By ▲ 2.67 (4.07%)
TPLP 10.77 Increased By ▲ 0.04 (0.37%)
TREET 25.80 Increased By ▲ 0.69 (2.75%)
TRG 64.30 Increased By ▲ 0.63 (0.99%)
WAVES 10.92 Increased By ▲ 0.22 (2.06%)
WTL 1.29 Increased By ▲ 0.04 (3.2%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Markets

CBOT wheat may rise to $6.47

  • The resistance is identified as the 186.4pc projection level of the wave C from $4.97.
Published October 19, 2020 Updated October 19, 2020 05:12pm
Save
1 min
comment
By Reuters
Add BRecorder as a trusted
source on Google
Google Preferred Source

SINGAPORE: CBOT December wheat may break a resistance at $6.36-3/4 per bushel, and rise to $6.47, driven by a wave C.

The resistance is identified as the 186.4pc projection level of the wave C from $4.97.

Following its extension above $6.18-1/4, this wave is highly likely to travel to $6.75-1/2.

Support is at $6.29-1/4, a break below which could cause a fall to $6.18-1/4.

Wheat

Comments

Comments are closed for this article.

More Stories

Browse all stories