Barley
Support at 1520---1490 and Resistance at 1600
Looks positive and could test its resistance level of 1600. Three consecutive closes + weekly close above 1600 will take to 1720---1780+ mark in days to come
Else it could test its support level of 1520---1490 again
Three consecutive closes + weekly close below 1490 will take to 1380---1320 mark
Trade with levels only
Kapas
Support at 850 and Resistance at 910
Two consecutive closes above 910 will take to 965---990+ mark in days to come else it could test its support level of 850 again
Two consecutive closes below 850 will see further downside panic till 780---750 mark
600 act as major support in Kapas.. Physical traders can buy and accumulate Kapas in panic. This year we will see healthy move in it
Anything seems will update via App.
Maize
Support at 1330 and Resistance at 1450
Three consecutive closes + weekly close above 1450 will take to 1600+ mark in days to come else it could test its support level of 1330 again
Further downside panic will see only close below 1330 mark
Traders can buy and accumulate Maize in panic with stop loss below 1330 on closing basis
Cocudakl
Support at 2170 and Resistance at 2270
Two consecutive closes above 2270 will take to 2330---2370+ mark in days to come else it could test its support level of 2170 again
Further downside panic will see only weekly close below 2170 mark
Trade with levels only
Cotton
Support at 17200 and Resistance at 17500
Three consecutive closes + weekly close above 17500 will take to 18300---18800+ mark in days to come else it could test its support level of 17200 again
Close below 17200 will take to 16900---16600 mark
More and more panic will see only weekly close below 16600 mark
Trade with levels only
Hope you all enjoyed panic in Soya ref and in CPO. Unable to breach their resistance and crashed vertically
Just trade with levels only...
More will update soon...
