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Monday, November 2, 2015

Update on Agri Commodities 02 Nov. 2015





Soyabean (Nov)




Support at 3800 and Resistance at 3880

Two consecutive closes below 3800 will see panic till 3730---3650 mark in days to come else it could test its resistance level of 3880 again

Close above 3880 will take to 3930---3980 and then to 4050 mark

Trade with levels only






Soyaref (Nov)




Support at 618 and Resistance at 628---635

Two consecutive closes below 618 will see further panic till 612---608 and then to 600 mark else it could test its resistance level of 628---635 again

Further upside rally seen only close above 635 mark

Trade with levels only







Rmseed (Nov)




Support at 4880 and Resistance at 5030

Two consecutive closes below 4880 will take to 4820---4750 mark in days to come else it could test its resistance level of 4980---5030 again

Further upside rally seen only close above 5030 mark

Trade with levels only






Chana (Nov)




  Chana has support at 4830---4780 and Resistance at 4940

Close above 4940 will take to 4990---5050+ mark in days to come else it could test its support level of 4830---4780 again

Further panic seen only close below 4780 mark

Trade with levels only






 

Castorseed (Nov)



Support at 4170---4130 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 4170---4130 again

Fresh selling can initiate only close below 4130 mark

Trade with levels only





More will be update soon!!