Soyabean
Clearly indicated that close below 3580 will take to 3520---3450 mark. Just made a low of 3526 and now trading around 3561
Now what to expect???
Support at 3520---3450 and Resistance at 3600
Close above 3600 will take to 3730---3780 mark. Further upside rally will see only close above 3780 mark else it could test its support level of 3520---3450 mark again
Weekly close below 3450 will take to 3300---3200 mark but chances are unlikely to breach its support level of 3450 but trade with levels only
Soyaref
Support at 621---615 and Resistance at 632
Two consecutive closes above 632 will take to 639---644 and then to 651 mark in days to come else it could test its support level of 621---615 again
Further downside panic will see only close below 615 mark
Trade with levels only
Rmseed
Our downside target almost achieved and bounced back. We again recommended buying in Rmseed around 4850 with stop loss of 4780. It flared and made a high of 4951
Now what to expect???
Close above 4950 will take to 4980---5050. Further upside rally will see only two consecutive close above 5050
We booked full profit... Now 4850---4780 act as major support area
CPO
We booked full profit in CPO around 524 in July contract. Again we recommended fresh buying in CPO August contract above 508 mark
Now what to expect???
Above 508... target intact 522---527 and then to 540+ mark in days to come
Support at 500
Dhaniya
Rally continue... Just made a high of 8730. We are continuously recommended buying from 7400 and above 8400 mark
Now what to expect???
Three consecutive closes + weekly close above 8400 will see rally to remain continue in Dhaniya till 8900---9200+ mark in days to come
Revise stop loss of 8400 on closing basis
Guarseed
Clearly indicated to buy around 3650---3620. Just made a high of 3832
Now what to epxect???
Above 3600... target intact 4200---4350+ mark in days to come
Support and stop loss intact below 3450
