Soyabean
Took U-Turn and made a high of 3277. Our selling stop loss
triggered and now trading around 3260
Now what to expect???
Support at 3220 and Resistance at 3290---3320
Three consecutive closes + weekly close above 3320 will see
fire in Soyabean till else it could test its support level of 3220 again
Two consecutive closes below 3220 will see panic again till
3150---3180 and then to 3050 mark
Traders can trade with levels only
Soyaref
Support at 560 and resistance at 580
Three consecutive closes + weekly close above 580 will take
to 600---608 and then to 620+ mark in days to come
Fresh selling can initiate only close below 660 mark
Trade with levels only.
Rmseed
Told to buy above 4250. Just made a high of 4310.
Now what to expect???
Support at 4250 and Resistance at 4320
Close above 4320 will take to 4380---4430+ mark
in days to come else it could test its support level of 4250 again
Further panic seen only close below 4250 mark
Close below 4250 will take to 4210---4180 mark. 4180 act as
major support
Trade with levels only
Chana
Support at 4800 and Resistance at 4960---5020
Traders can trade in a range with strict stop loss.
Castorseed
We recommended buying in Castorseed around 4130. Just made a
4207.
Now what to expect???
Close above 4220 will see further upside rally
till 4280---4350+ mark in days to come
Revise stop loss of 4130
Turmeric
Clearly indicated to buy TMC above 8100. It flared like
anything and hit 8872 mark and now trading around 8700
Now what to expect???
Support at 8500 and Resistance at 8900
Two consecutive closes above 8900 will take to 9200---9350+
mark in days to come
Traders holding long as per our level can revise stop loss
of 8500
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---4320.
Now revise stop loss of 4050.
