Soyabean
Flared and made a high of 4108. We recommended buying on an average of 4015
Now what to expect???
Weekly close above 4090 will see further upside rally till 4130---4180 and then to 4250+ mark in days to come
Revise stop loss below 3980
Soyaref
Unable to breach its support level of 628 and bounced back sharply again to 644.40
Support at 628 and Resistance at 645
Three consecutive closes + weekly close above 645 will see further upside rally till 660---670+ mark in days to come
Maintain stop loss below 628 on closing basis
CPO
Support at 545 and Resistance at 555---555
Close above 555 will take to 559. Three consecutive closes + weekly close above 559 will see fire in CPO else it could test its support level of 545 again
Weekly close below 545 will take to 536---532 and then to 525 mark in days to come
Trade with levels only
Rmseed
Not able to breach its support level of 4080 and bounced back again. We are holding long from 3970 mark
Now what to expect???
Support at 4120 and Resistance at 4220
Two consecutive closes above 4220 will see further upside rally till 4280---4350+ mark in days to come
Revise stop loss below 4120 on closing basis
Chana
Just made a fresh high of 4613. We recommended positional buying in Chana above 4400.
Now what to expect???
Hurdle at 4600 and Support at 4480
Weekly close above 4600 will see more upside rally till 4690---4750+ mark in days to come
Maintain stop loss below 4480 on closing basis
Guarseed
Support at 3050 and Resistance at 3200
Three consecutive closes + weekly close above 3200 will see rally till 3300 and then to 3380---3450+ mark in days to come
Fresh selling can initiate only close below 3050 mark
More will be update soon!!
