Soyabean
Bounced back sharply from lower levels and bow trading
around 3940.
Now what to expect???
Support at 3800---3650 and Resistance at 4050
Still looks positive and could test its resistance level of
4050. Three consecutive closes + weekly close above 4050 will see nonstop rally
in Soyabean
Buy and accumulate Soyabean in panic... Positional stop loss
3650 on closing basis
Soyaref
Not able to breach its support level of 617 and bounced back
sharply to 629.75
Now what to expect???
Support at 621---617 and Resistance at 631
Two consecutive closes above 631 will take to 638---644 and
then to 649+ mark in days to come
Fresh selling can initiate only close below 617 mark
Trade with levels only
Chana (Dec)
Support at 5030 and Resistance at 5150
Looks positive and could test its resistance level of 5150.
Two consecutive closes above 5150 will take to 5230---5280+ mark in days to
come else it could test its support level of 5030 again
Close below 5030 will take to 4970---4930 mark
Trade with levels only.
More will be update soon!!
