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Home » Concerns regarding Coronavirus drags NCDEX Commodities | NCDEX levels update
Agri Commodity Commodity Levels for the day

Concerns regarding Coronavirus drags NCDEX Commodities | NCDEX levels update

NCDEX levels update
NCDEX levels update

In our NCDEX levels update the price of major NCDEX commodities, such as Chana, RMSEED, Soybean, Cocudakl and Guarseed fell sharply on demand concerns regarding the outbreak of Novel Coronavirus. NCDEX levels weakness update is likely to continue in the coming days.

Technical Aspect


Soybean (April)

Soybean has its support at 3360 and resistance 3420.

Break and sustain below 3360 will see a fall till 3300—3250 levels or else it can touch its resistance level of 3420 again.

Sell it on rise!

Trade with levels only.


CPO (March)

CPO has its support at 607 and resistance 626.

Break and close below 607 will see a fall till 590—580 levels or else it can touch its resistance level of 626 again.

Sell it on rise!

Trade with levels only.

Dhaniya (April)

Dhaniya has its support at 5700 and resistance 5850.

Break and sustain below 5700 will see a fall till 5550—5400 levels or else it can touch its resistance level of 5850 again.

Sell it on rise!

Trade with levels only!


Guarseed (April)

Guarseed has its support at 3370 and resistance is seen at 3480.

Break and sustain below 3370 will see a fall till 3250—3200 levels or else it can touch its resistance level of 3480 again.

Sell it on rise!

Trade with levels only.


Chana (April)

Chana has its support at 3840 and immediate resistance is 3910.

Break and sustain below 3840 will see a fall till 3750—3700 or else it can touch its resistance level of 3910 again.

Fresh buying can be done on a close above 3910.


Rmseed (April)

Support seen at 3860 while Resistance is 3930.

Break and sustain below 3860 will take it to 3700—3600 mark or else it can touch its resistance level of 3930 again.

Sell it on rise!

Trade with levels only.

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