OUR NEW WEBSITE IS COMING UP SOON. KEEP VISITING THIS PAGE FOR MORE UPDATES. ----- JOIN OUR WhatsApp BROADCAST LIST, GIVE MISSED CALL ON 08893534646

Wednesday, August 26, 2015

Update on Agri Commodities 26 Aug 2015









Soyabean




Today... we recommended selling in Soyabean around 3130---3140. Just made a low of 3105

Now what to expect???

Over all trend looks weak and any sharp rise will be selling opportunity in Soyabean till 3050---2970 and then to 2850 mark in days to come

On rise sell it!! Stop loss 3240 on closing basis





Soyaref




Support at 566 and resistance at 574---580

Two consecutive closes below 566 will take to 560---556 and then to 548. Further panic seen only close below 548 mark else it could test its resistance level of 580 again

Further upside rally seen only close above 574----580 mark

Trade with levels only





Rmseed




Support at 4180 and Resistance at 4300

Two consecutive closes below 4180 will take to 4080---4030 mark in days to come else it could test its resistance level of 4300 again

Further upside rally seen only close above 4300 mark

Trade with levels only





Chana





Told to sell Chana around 4780 with stop loss of 4860. Crashed and made a low of 4697. We booked part profit around 4700

Now what to expect???

Support at 4650 and Resistance at 4800---4860

Two consecutive closes below 4650 will see free fall in Chana else it could test its resistance level of 4800---4860 again

Further upside rally seen only close above 4860 mark

Trade with levels only





Castorseed




Support at 4050 and Resistance at 4140

Two consecutive closes below 4050 will take to 3930---3880 and then to 3830 mark in days to come else it could test its resistance level of 4140 again

Further upside rally seen only close above 4140 mark

Traders can trade with levels only





Turmeric





Support at 7800 and Resistance at 8100

Two consecutive closes above 8100 will see nonstop rally till 8500---8800+ mark in days to come

Fresh selling can initiate only close below 7800 mark

Trade with levels only






Jeera





Support at 15800 and Resistance at 16800

Two consecutive closes below 15800 will see free fall in Jeera till 14800---14300 mark in days to come else it could test its resistance level of 16800 again

Further upside rally seen only close above 16800 mark

Traders can trade with levels only







Hope you all enjoyed rally in Guarseed... From 3750---4020. Now revise stop loss at cost to cost and book part profit here.



More will update soon!!