Soyabean
Not able to breach its resistance level of 3940 crashed vertically to 3725 mark
Now what to expect???
Support at 3600 and Resistance at 3800
Closes above 3800 will take to 3880---3940 mark. Further upside rally will see only close above 3940 mark. Three consecutive closes + weekly close above 3940 will see sharp upside rally till 4200---4350+ mark in days to come
Fresh selling can initiate only close below 3600 mark
Chances are bright for upside move in Soyabean as fundamentals are not so strong but trade with levels only
Soyaref
Support at 628---625 and Resistance at 636
Either side break or close with volume will decide further. Till then traders can trade in a range with strict stop loss and wait for confirmation
Rmseed
Support at 4830---4750 and Resistance at 4980---5050
Looks positive and could test its resistance level of 4980---5050. Three consecutive closes + weekly close above 5050 will see more upside rally in it else it could test its support level of 4830---4750 again
Further downside panic will see only close below 4750 mark
Trade with levels only
Guarseed
Holding long from 3200 level. Just made a high of 3704
Three consecutive closes + weekly close above 3650 will confirm double bottom pattern and could test 4200---4350+ mark in coming weeks
In panic... Buy and Accumulate Guarseed. Positional support at 3300--3200 mark
Guargum
Yesterday indicated that close above 6480 will see rally in Guargum. Just made a high of 6850
Three consecutive closes + weekly close above 6480 will take to 7400---8000+ mark in days to come
Support at 6000
Dhaniya
Told to buy above 7400. Just made a high of 7772 and now trading around 7730
Now what to expect???
Weekly close above 7600 will take to 8000---8200+ mark in days to come
Support and stop loss below 7400 on closing basis
Turmeric
Support at 7800 and Resistance at 8400
If it unable to breach its support level of 7800 then it could test its resistance level of 8400 mark
Further upside rally will see only weekly close above 8400 mark
Wait for confirmation
