CPO
If it unable to breach its support level of 380 then it
could test 388---393
Further upside rally seen only close above 393 mark
Fresh selling can initiate only close below 380. So traders
can try to trade in a range with strict stop loss and wait for confirmation.
Anything seems will update.
Mentha Oil
Support at 910 and Resistance at 930
Two consecutive closes + weekly close below 910 will see
free fall in Mentha oil till 860---845 mark in days to come else it could test
its resistance level of 930 again
Close above 930 will see further upside rally till
960---985+ mark in days to come
Trade safely with levels only
Soyabean
Support at 3150 and Resistance at 3250---3330
Either side break or close with volume will decide
further... Either side break or close with volume will decide further
Till then traders can trade in a range with strict stop loss
and wait for confirmation
Soyaref
Support at 559 and Resistance at 569---576
Two consecutive closes + weekly close below 559 will see
free fall in Soyaref else it could test its resistance level of 569---576 again
Further upside rally seen only weekly close above 576 mark
Trade with levels only
Chana
Support at 4940 and Resistance at 5130
Clearly indicated to sell Chana below 4940. It crashed
vertically and made a low of 4534. Our target was 4650
Now what to expect???
Chana has support at 4450 and Resistance at 4700
Further panic will expect below 4450 mark else it could test
its resistance level of 4700 again
Close above 4700 will see further upside rally till
4850---4930 and then to 5000 mark
Trade with levels only
Rmseed
Support at 4250---4180 and Resistance at 4330
Two consecutive closes above 4330 will take to 4390---4450+
mark in days to come else it could test its support level of 4250---4180 again
Further panic seen only close below 4180 mark
Trade with levels only.
More will update soon!!
