Soyabean (Oct)
Support at 3600 and Resistance at 3800
Fresh selling can initiate only close below 3600 mark. Three consecutive closes + weekly close below 3600 will take to 3450--3380 and then to 3250 mark in days to come else it could test its resistance level of 3800 again
Close above 3800 will see further upside rally till 3880---3940 mark. 3940 act as major hurdle in Soyabean
Trade with levels only
Soyaref (July)
Support at 636---630 and Resistance at 648
Two consecutive closes above 648 will take to 660----666+ mark in days to come else it could test its support level of 636---630 again
Further downside panic will see only close below 630 mark
Trade with levels only
Rmseed(July)
Support at 4680---4620 and Resistance at 4780
Two consecutive closes above 4780 will take to 4850---4920+ mark in days to come else it could test its support level of 4680---4620 again
Further downside panic will see only close below 4620 mark
Three consecutive closes + weekly close below 4620 will see free fall in it
Trade with levels only
Jeera
As expected... Rally continues and made a high of 18145. We are recommending long from 16600 mark
Now what to expect???
Support at 17500 and Resistance at 18200
Three consecutive close + weekly close above 18200 will see more upside rally till 18800---19300+ mark else it could test its support level of 17500 again
Those are holding long as per our level can revise stop loss of 17500 on closing basis. Others can wait for confirmation
Turmeric (Aug)
Support at 8100---7850 and Resistance at 8300
Three consecutive closes + weekly close above 8300 will take to 8700---8850+ mark in days to come else it could test its support level of 8100---7850 again
Further downside panic will see only close below 7850 mark
Trade with levels only
Cotton (July)
Support at 19300---18700 and Resistance at 19800
Looks positive and could test its resistance level of 19800. Two consecutive closes above 19800 will see more upside rally till 20500---20800+ mark in days to come
In panic will buy... Stop loss below 18700 on closing basis
Guarseed (Oct)
Support at 3000 and Resistance at 3250
Three consecutive closes + weekly close above 3250 will see sharp upside rally till 3600---3850+ mark in days to come else it could test its support level of 3000 again
Further downside panic will see only close below 3000 mark
Trade with levels only
More will update soon!!
