Hope you all enjoyed rally in Chana, Jeera, Soyabean, Rmseed, Soyaref and Guarseed
Have a look on it!!
Soyabean
Told to buy Soybean around 3630 with stop loss of 3580. It made a high of 3756 and now trading around 3690
Now what to expect???
Still looks positive and could test 3760---3825 mark. Further upside rally will see only weekly close above 3825 mark
Support intact at 3650---3580
Soyaref
Support at 596 and Resistance at 608
Close above 608 will take to 618---625+ mark in days to come
Any sharp panic will be buying opportunity in it
Stop loss below 596
CPO
Not able to breach its support level of 474 and bounced back sharply to 495.70 mark
Two consecutive closes above 490 will take to 505---513 and then to 521+ mark in days to come
Revise stop loss below 586 on closing basis
Rmseed
Not able to breach its support level of 3780 and bounced back again. We recommended buying in Rmseed above 3850 mark. Just made a high of 3924
Now what to expect???
Above 3930... we will see further upside rally till 3980---4020+ mark in days to come
Any sharp panic will be buying opportunity with stop loss below 3780 on closing basis
Trade with levels only
Chana
Boldly written to buy Chana in panic with stop loss below 4080. Flared like anything and hit 4387 mark.
Now what to expect???
Still looks positive and could test 4400---4430. Three consecutive closes + weekly close above 4430 will see fire in Chana till ???
Revise stop loss of 4240
Dhaniya
Support at 6700 and Resistance at 7050
Three consecutive closes + weekly close above 7050 will see non stop rally in Dhaniya till 7800---8300+ mark in days to come
Break and close below 6700 will see more downside panic till 6300---6050 mark
6000 act as major support for Dhaniya
Jeera
Too skyrocketed and made a high of 14830. Told to buy in panic with stop loss below 13600
Now what to expect???
Three consecutive closes + weekly close above 14400 will see sharp upside rally till 15000----15400+ mark in days to come
Revise stop loss of 14400 on closing basis
Cotton
Support at 15700 and Resistance at 16000
Two consecutive closes above 16000 will take to 16300---16450+ mark in days to come
Fresh selling can initiate only close below 15700 mark
Trade with levels only
More will be update soon only on our Android App!!
