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Home » NCDEX Commodities prices soared high on 21 days lockdown | Today’s Agri Commodity levels
Agri Commodity

NCDEX Commodities prices soared high on 21 days lockdown | Today’s Agri Commodity levels

NCDEX Commodities

25th March 2020 


Today’s Agri Commodity Levels 

The prices of commodities on NCDEX skyrocketed for the reason India observes a 21 days lockdown from today onwards. The limit in the supply of the agri-commodities is pushing the prices higher because the world market is seeing a Pandemic on the outbreak of Coronavirus.

Technical levels of major NCDEX commodities.

 

Soybean (April)

 

Soybean has its support at 3720 and resistance 3890.

Break and sustain above 3890 will see a rise till 4000—4080 levels or else it can touch its support level of 3720 again.

Buy it on dips!

Trade with levels only.

 

CPO (March)

 

CPO has its support at 645 and resistance 670.

Break and close above 670 will see a rise till 690 and further to 710 levels or else it can touch its support level of 645 again.

Fresh selling can be seen on a close below 645.

Trade with levels only.

Dhaniya (April)

 

Dhaniya has its support at 5750 and resistance 6000.

Break and sustain above 6000 will see a rise till 6250 and then to 6400 levels or else it can touch its support level of 5750 again.

Fresh selling can be done on a close below 5750.

Trade with levels only!

 

Guar seed (April)

 

Guar seed has its support at 3190 and resistance is seen at 3320.

Break and sustain below 3190 will see a fall till 3000—2900 levels or else it can touch its resistance level of 3320 again.

Sell it on rise!

Trade with levels only.

 

Chana (April)

 

Chana has its support at 4120 and immediate resistance is 4220.

Break and sustain above 4220 will see a rise till 4350—4450 or else it can touch its support level of 4120 again.

Buy it on dips!

 

Rmseed (April)

 

Support is seen at 4110 while Resistance is 4190.

Break and sustain above 4190 will take it to 4250 and then to 4300 mark or else it can touch its support level of 4110 again.

Buy it on dips!

Trade with levels only.

 

 

Read our yesterday Agri commodity levels.

 



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