BR100 Decreased By (-0.24%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.15%)
KSE30 Decreased By (-0.16%)
AGHA 6.42 Increased By ▲ 0.10 (1.58%)
BECO 4.29 Increased By ▲ 0.02 (0.47%)
BML 62.45 No Change ▼ 0.00 (0%)
BOP 31.37 Increased By ▲ 0.14 (0.45%)
CNERGY 11.72 Increased By ▲ 0.13 (1.12%)
CSIL 5.97 Increased By ▲ 0.25 (4.37%)
FCCL 60.70 Decreased By ▼ -0.84 (-1.36%)
FFL 14.91 Decreased By ▼ -0.11 (-0.73%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 6.25 Decreased By ▼ -0.01 (-0.16%)
KOSM 5.62 Increased By ▲ 0.06 (1.08%)
LOTCHEM 24.65 Decreased By ▼ -0.03 (-0.12%)
MLCF 102.90 Decreased By ▼ -1.18 (-1.13%)
NBP 174.63 Decreased By ▼ -0.65 (-0.37%)
NCPL 52.83 Increased By ▲ 0.06 (0.11%)
NPL 54.55 Increased By ▲ 0.43 (0.79%)
OGDC 312.50 Decreased By ▼ -0.89 (-0.28%)
PACE 9.22 Increased By ▲ 0.02 (0.22%)
PAEL 35.45 Decreased By ▼ -0.35 (-0.98%)
PIBTL 13.57 Increased By ▲ 0.10 (0.74%)
PPL 220.70 Decreased By ▼ -1.11 (-0.5%)
PRL 80.31 Increased By ▲ 1.23 (1.56%)
PTC 46.98 Increased By ▲ 0.13 (0.28%)
SSGC 24.12 Increased By ▲ 0.25 (1.05%)
TBL 9.20 Decreased By ▼ -0.11 (-1.18%)
TELE 7.40 Increased By ▲ 0.01 (0.14%)
TPL 24.40 Decreased By ▼ -0.71 (-2.83%)
TPLP 12.48 Decreased By ▼ -0.03 (-0.24%)
TREET 25.94 Decreased By ▼ -0.31 (-1.18%)
TRG 53.65 Increased By ▲ 0.21 (0.39%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices IMF-World Bank meetings Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

NY cocoa may rise more to $2,642

Published Updated
Save
1 min
Comments
By Reuters

SINGAPORE: New York March cocoa may rise more to $2,642 per tonne, as it has pierced above a resistance at $2,587.

The resistance is identified as the 76.4% projection level of an upward wave C from $2,408. This wave is expected to travel to $2,642.

A correction from the current level may be limited to a support zone from $2,567 to $2,576.

NY cocoa may test resistance at $2,455

Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.

Cocoa

Comments

Comments are closed for this article.

More Stories

Browse all stories