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Monday, December 21, 2015

Update on Soyabean, Soyaref and Rmseed






Soyabean




Told to buy around 3730. It flared like anything and hit 3885 mark and now trading around 3880

Now what to expect???

Above 3910 will see further upside rally till 3955---3980 mark

Already booked part profit and revise stop loss at cost to cost... Anything seems will update







Soyaref




Too flared and made a high of 624.70 and now trading around 624

Now what to expect???

Three consecutive closes + weekly close above 625 will see further upside rally till 638---645+ mark in days to come

Support and stop loss intact below 610 mark






Rmseed




Told to buy around 4570---4550. Just made a high of 4618 and now trading around 4600

Now what to expect???

Two consecutive closes above 4630 will see further upside rally till 4690---4750+ mark in days to come

In panic will buy... Stop loss intact below 4450 on closing basis


Look at Cocudakl, Kapas and Cotton... All flared like anything. We clearly indicated to buy in panic.









Just trade with levels only... Anything seems will update.