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.