India imported 25.97 million kg of tea in 2021-22
Imports of tea into the country made up 1.93 per cent of the total domestic production of 1,344.40 million kg in the 2021–22 fiscal, Union Minister of State for Commerce and Industry Anupriya Patel told the Lok Sabha today. Imports of tea were 25.97 million from other origins, she said, responding to a query on […]
Coffee C Futures ( KC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance:154.30Pivot:164.00Support:142.05Preferred Case:Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 142.05, where the recent low is.Alternative Scenario:Price may head back […]
Coffee Futures ( KC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance: 174.35Pivot: 163.80Support: 154.30Preferred Case:Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 154.30, where the previous swing low is.Alternative […]