Soyabean
Support at 3760---3720 and Resistance at 3970
It looks positive on charts and could test its resistance
level of 3920---3970 mark. Three consecutive closes + weekly close above 3970
will see non stop rally in Soyabean
Any sharp panic will be buying opportunity in Soyabean
3720---3650 act as major support and unlikely to breach its
support level of 3650 in near terms but trade with levels only
Soyaref
Just made a high of 625.35. We recommended buying above 610
mark
Now what to expect???
Two consecutive closes + weekly close above 625 will see
nonstop rally till 643---649+ mark in days to come
Revise stop loss at cost to cost.
CPO
Support at 396 and Resistance at 403
Two consecutive closes + weekly close above 403 will take to
410---413 and then to 421+ mark in days to come
Fresh selling can initiate only close below 396 mark
Trade with levels only.
Rmseed
Told to buy around 4680---4650. Just made a high of 4820
Now what to expect???
Support at 4760 and Resistance at 4830
Close above 4830 will take to 4865---4900 and then to 4970
mark
Traders holding long as per our level can revise stop loss
below 4760 on closing basis
Castorseed
Told to buy around 3800---3780 with stop loss of 3720. Just
made a high of 3869
Now what to expect???
Above 3845.... will see rally till 3920---3970. Three
consecutive closes + weekly close above 3970 will see non stop rally till ???
Any sharp panic will be buying opportunity in it.. Stop loss
and below 3720 on closing basis.
Chana (Jan)
Support at 4850 and Resistance at 5030
Looks positive and could test its resistance level of 5030.
Three consecutive closes + weekly close above 5030 will see non stop rally in
Chana till 5180---5250+ mark in days to come
Else it could test its support level of 4850 again
Further panic seen only close below 4850 mark. Close below
4850 will take to 4770---4730 and then to 4650 mark in days to come
Trade safely with levels only.
Turmeric
Clearly indicates to sell below 9700... It crashed
vertically to 9200 mark
Still we are waiting for reversal in TMC... So wait for
confirmation. Anything seems will update.
More will be update soon!!
