Soyabean
Support at 3050 and Resistance at 3120
Close above 3120 will take to 3180---3230. Further upside rally will see only weekly close above 3230 mark else it could test its support level of 3050 again
Further downside panic will see only close below 3050 mark
Soyabean downside seems limited... Anytime we will expect sharp upside reversal in it. So be cautious at lower levels
Soyaref
We clearly indicated that downside target seems limited and anytime we will see sharp upside move in it. It moved sharply from 651 to 676 mark
Now what to expect???
Support at 650 and Resistance at 670
Support at 650 and Resistance at 670
Three consecutive closes + weekly close above 670 will take to 690---705+ mark in days to come
Major support and stop loss below 650 on closing basis
Major support and stop loss below 650 on closing basis
Rmseed
Support at 4450 and Resistance at 4550
Close above 4550 will take to 4630---4680 and then to 4750+ mark in days to come else it could test its support level of 4450 again
Further downside panic will see only close below 4450 mark
Trade with levels only
CPO
We recommended buying around 520---518. It flared and made a high of 542.50
Now what to expect???
Support at 520 and Resistance at 536
Close above 536 will take to 543---549 and then to 555+ mark in days to come else it could test its support level of 520 again
Trade with levels only
Jeera
Support at 16000 and Resistance at 16500
Close above 16500 will take to 17300---17800+ mark in days to come
Fresh selling can initiate only close below 16000 mark
Trade with levels only
Dhaniya
Support at 6700 and Resistance at 7300
We will expect reversal only above 7300 else it could test its support level of 6700 again
Further downside panic will see only close below 6700
Trade with levels only
Wheat
Support at 1700 and Resistance at 1800
Three consecutive closes + weekly close above 1800 will take to 2000---2100 and then to 2250+ mark in days to come
Support and stop loss below 1700 on closing basis
