Soyabean
Now able to cross 4025 and slipped again to 3836 and now trading around 3840
Now what to expect???
Support at 3800. Close below 3800 will take to 3750---3720. Three consecutive closes + weekly close below 3720 will see free fall in Soyabean else it could test its resistance level of 3920---3980 and then to 4030 mark again
We will expect panic to remain continue in Soyabean but be cautious at lower levels. At this stage... Trend looks choppy and has no clear direction.
So wait for confirmation
Soyaref
Support at 645 and Resistance at 652
Close below 645 will take to 638---633 mark. More and more panic will see only close below 630 mark else it could test its resistance level of 652 and then to 659---665 again
Traders can trade with levels only
Rmseed
Looks choppy and has no clear direction.... Still trading in a range of 4300---4550
Low volume trade is going on and looks like that this choppy session remain continue for next few trading sessions.
So don't jump as a positional call in it at this stage. Anything seems will update.
Chana
Support at 5980 and Resistance at 6150
Two consecutive closes below 5980 will take to 5820---5750 and then to 5600 mark in days to come else it could test its resistance level of 6150 again
Three consecutive closes + weekly close above 6150 will take to ???
Trade with levels only
More will be update soon!!
