Soyabean
Panic continues... Below 3500 our target was 3420---3350 and then to 3280. Just made a low of 3292
Now what to expect???
Crucial support at 3280. Two consecutive closes below 3280 will take to 3220---3180 and then to 3100 mark in days to come else it could test its resistance level of 3360---3420 again
Trade with levels only
Soyaref
Too unable to breach its resistance level of 674 and crashed vertically. Below 653... our target was 645---642 and then to 638 mark
More and more downside panic will see only close below 638 else it could take U-turn again to test its resistance level of 649---653 again
Trade with levels only
CPO
Too unable to breach its resistance level of 576 and slipped. Currently trading around 562
Now what to expect???
Support at 555 and Resistance at 567
Close below 561 will take to 555. Two consecutive closes below 555 will see free fall in CPO else it could test its resistance level of 567 and then to 572---576 again
Further upside rally will see only weekly close above 576 mark
Trade with levels only
Rmseed
Panic continues... We clearly indicated to fresh sell only below 4780 mark. Just made a low of 4545
Now what to expect???
Support at 4500 and Resistance at 4650
Two consecutive closes below 4500 will turn into negative zone and could test 4200---4050 mark in days to come
Hurdle at 4650
Guarseed
Clearly indicated that below 3500 we will expect downtrend in Guarseed. It crashed vertically and made a low of 3395
Now what to expect???
Close below 3380 will see more downside panic till 3320---3250 and then to 3100 mark in days to come else it could test its resistance level of 3490---3550 again
Further upside rally will see only close above 3550 mark
Trade with levels only
Jeera
Panic continues... Made a low of 17570 and now trading around 17650
Now what to expect???
Close below 17500 will see further downside panic till 16800---16500 mark in days to come
Hurdle at 18000
