Over all trend looks weak and any sharp rise will be selling opportunity in Soyabean till 3050—2970 and then to 2850 mark in days to come.
Support at 566 and resistance at 574—580
Two consecutive closes below 566 will take to 560—556 and then to 548. Further panic seen only close below 548 mark else it could test its resistance level of 580 again
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Support at 4180 and Resistance at 4300
Two consecutive closes below 4180 will take to 4080—4030 mark in days to come else it could test its resistance level of 4300 again
Told to sell Chana around 4780 with stop loss of 4860. Crashed and made a low of 4697. We booked part profit around 4700
Now what to expect???
Support at 4650 and Resistance at 4800—4860
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Support at 4050 and Resistance at 4140
Two consecutive closes below 4050 will take to 3930—3880 and then to 3830 mark in days to come else it could test its resistance level of 4140 again
Support at 7800 and Resistance at 8100
Two consecutive closes above 8100 will see nonstop rally till 8500—8800+ mark in days to come
Support at 15800 and Resistance at 16800
Two consecutive closes below 15800 will see free fall in Jeera till 14800—14300 mark in days to come else it could test its resistance level of 16800 again
This report is part of our Daily detailed analysis report on NCDEX. Kindly read full levels before executing any trade.
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