CPO
As expected.. CPO crashed and made a low of 403 in
yesterday's trading session and now trading around 405
Now what to expect???
Close below 403 will take to 396---392 and then to 385 mark
in days to come
Already booked part profit and revise stop loss of 415 on
closing basis
Soyabean (Nov)
Not able to breach its resistance level of 4090
and slipped to 3901 mark and now trading around 3930
Now what to expect???
Two consecutive closes below 3910 will see further panic
till 3830---3780 and then to 3700 mark in days to come else it could test its
resistance level of 3990 again
Close above 3990 will take to 4050---4090 and then to 4150
mark
Trade with levels only
Soyaref (Nov)
Below 627... our target was 624---621---618. Just made a low
of 617.25
Now what to expect???
Two consecutive closes below 618 will see further panic till
612---608 and then to 600 mark
Revise stop loss of 625 on closing basis
Rmseed (Nov)
Support at 4980 and Resistance at 5130
Two consecutive closes below 4980 will take to 4920---4850
mark in days to come else it could test its resistance level of 5050 and then
to 5090---5130 again
Further upside rally seen only close above 5130 mark
Trade with levels only
Chana (Nov)
As expected... Chana crashed vertically and made
a low of 4677 and now trading around 4720. Our downside target was 4750----4680
mark
Now what to expect???
Chana has support at 4630---4550 and Resistance
at 4750---4820
Traders holding short as per our level can book 80% profit
and revise stop loss of 4820 on closing basis. Others can trade with levels
only and wait for confirmation
Castorseed (Nov)
Support at 4050 and Resistance at 4180
Two consecutive closes above 4180 will take to 4280---4350+
mark in days to come
Fresh selling can initiate only close below 4050 mark
Close below 4050 will take to 3970---3930 and then to 3850
mark
Trade with levels only
More will be update soon!!
