OUR NEW WEBSITE IS COMING UP SOON. KEEP VISITING THIS PAGE FOR MORE UPDATES. ----- JOIN OUR WhatsApp BROADCAST LIST, GIVE MISSED CALL ON 08893534646

Thursday, March 16, 2017

Agri Commodity Update 16 Mar 2017





Soyabean (Apr)




Support at 2830 and Resistance at 2900

Break and sustain above 2900 will take it to 2950---2970 and then to 3050+ mark in days to come else could touch its support level of 2830 again.

Looks weak only below 2830



Soyaref  (Apr)





Support at 626 and Resistance 636

Above 636 it can touch 645—648++ mark in days to come.

Looks weak only below 628.




Guarseed (Apr)






Support at 3680 and resistance at 3980--4050

Looks positive above 3880 and could see further upside rally till 3980---4050+++ mark.

Support intact at 3680



Dhaniyan (Apr)





Support at 6400 and resistance at 7000.

Trend looks weak below 6800 and could touch its support level of 6550---6400.

Short term hurdle intact at 7000


Jeera (Apr)




Support at 16600 and Resistance 17200

Break and sustain below 16600 will see sharp downside panic till 16200—15900 and then to 15500 mark in days to come else could touch its resistance level of 17200.

Fresh buying can be initiated above 17200



RM Seed (Apr)





Support at 3770 and Resistance 3900

Looks positive and could touch its resistance level of 3900.... Above 3900 it can touch 4020---4050+++ mark.

Looks weak only below 3770 only.



TMC (Apr)





Support at 6480 and Resistance 7050

Three consecutive close + weekly close below 6480 will take it to 5800—5300 mark in days to come, else could touch its resistance level of 7050 mark again.

Fresh buying can be initiated 7050 only




Cocudakl (Apr)






Support 2150 and resistance at 2250

Above 2250 …it can touch 2330---2380 and then to 2450+ mark else could test its support level of 2150.

Fresh selling only below 2150.



Mentha oil (March)





Support at 985 and resistance at 1015

Weekly close above 1015 will take it to 1030--1040+ mark else could test its support level of 985.

Looks weak only below 985.00



CPO (March)





Support at 515 and resistance at 535

Above 535 …it can touch 545---550 and then to 560+ mark else could test its support level of 515 again

Fresh selling only below 515 mark. Traders can buy and accumulate CPO in panic with stop loss below 515 on closing basis.



Sugar (March)





Support at 3650 and resistance at 3800

Weekly close above 3800 will take to 3880---3920 and then to 4050+++ mark 

Support intact at 3650. Further downside panic will see only close below 3650 mark



Castor Seed (March)





Support at 4250 and Resistance 4380

Weekly close above 4380 will see sharp upside rally till 4480---4550+++ mark. 

Looks weak only below 4250 level only.



Guar Gum (March)






Support at 7800 and Resistance 8250 

Two consecutive close + weekly close above 8250 will take it to 8500--8750 and then to 8950++ mark in days to come else could touch its support level of 7800.

Fresh selling can be initiated below 7800















More will update soon!!