CPO
Support at 565 and Resistance at 578
Two consecutive closes below 565 will take to 552---548 mark in days to come. More and more downside panic will see only close below 545 mark else it could test its resistance level of 573---578 again
Further upside rally will see only close above 578 mark
Trade with levels only
Soyabean
Told to sell Soyabean around 4220---4230. Just made a low of 4152.
Now what to expect???
Close below 4160 will see further downside panic till 4120---4090 mark. Further downside panic will see only close below 4090 mark
Already booked part profit... Revise stop loss at cost to cost
Soyaref
Support at 670 and Resistance at 683
Two consecutive closes below 670 will take to 663---658 and then to 655. More and more downside panic will see only weekly close below 655 mark else it could test its resistance level of 678---683 again
Further upside rally will see only close above 683 mark
Trade with levels only
Chana
Support at 5180 and Resistance at 5550
We will expect range bound trading for next few trading sessions. So traders can trade safely with levels only and wait for confirmation
Anything seems will update via App
Rmseed
Support at 4350 and Resistance at 4650
We will expect Rmseed to trade in a range for next few trading sessions. Chances are bright to take U-turn from lower levels but wait for confirmation
We can buy Rmseed but around 4420---4380 with stop loss below 4350 on closing basis
Till then wait for entry
Cocudakl
Support at 2270 and Resistance at 2330---2370
Close below 2270 will take to 2220---2170 mark else it could test its resistance level of 2330---2370 again
Further upside rally will see only close above 2370 mark
Trade with levels only
Guarseed
Rally continues and made a high of 3600. We are holding long from 3200 also told to fresh buy above 3450 mark
Now what to expect???
Hurdle at 3620 and Support at 3420
Three consecutive closes + weekly close above 3620 will see sharp upside rally till 3900---4000+ mark in days to come
Fresh selling can initiate only close below 3420 mark
Trade with levels only
More will be update soon!!
