Commodity Ncdex Market Trend

ncdex

rmseedRmseed showed sideways movement all the day and closed near to trend line. Now if it sustains below 4370 then 4350 will be next support level. And on higher side 4410 will act as major resistance level.

soybeanSoyabean showed sideways to negative trend. Now on lower side 3819 will act as important support level below which it will drag towards the support level of 3775. On higher side some correction pulls it towards the resistance level of 3880.

dhaniyaDhaniya showed sideways to positive trend and formed head and shoulder pattern on 30 min chart. Now on higher side 6925 will act as important resistance level above which it will pull towards the resistance level of 7050 On lower side some bearishness drag towards the support level of 6800.

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