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Home » Coriander futures up on rising demand | Agri levels update
Agri Commodity

Coriander futures up on rising demand | Agri levels update

Agri levels

7th April 2020

 

Today’s Premiun Agri levels 

Coriander prices rose by Rs 99 to Rs 5,834 per quintal in futures trade on Friday as traders increased their deal sizes amid strong demand in the spot market. Market sources said that the rise in coriander futures prices was also due to limited supply from producing areas.

 

Technical Aspect of agri levels

 

Soybean (April)

Soybean has its support at 3650 and resistance 3760.

Break and sustain below 3650 will see a correction till 3550—3480 levels or else it can touch its resistance level of 3760 again.

Fresh buying can be done on a close above 3760.

Trade with levels only.

 

CPO (April)

CPO has its support at 635 and resistance 651.

Break and close below 635 will see a fall till 610—595 levels or else it can touch its resistance level of 651 again.

Fresh buying can be seen on a close above 651.

Trade with levels only.

 

Dhaniya (April)

Dhaniya has its support at 5850 and resistance 6120.

Break and sustain above 6120 will see a rise till 6350—6500 levels or else it can touch its support level of 5850 again.

Buy it on dips!

Trade with levels only!

 

Guarseed (April)

Guarseed has its support at 3200 and resistance is seen at 3400.

Break and sustain above 3400 will see a rise till 3550—3700 levels or else it can touch its support level of 3200 again.

Fresh selling can be done on a close below 3200.

Trade with levels only.

 

Chana (April)

Chana has its support at 4040 and immediate resistance is 4110.

Break and sustain above 4110 will see a rise till 4200—4250 or else it can touch its support level of 4040 again.

Buy it on dips!

 

Rmseed (April)

Support seen at 3990 while Resistance is 4060.

Break and sustain below 3990 will take it to 3930—3870 mark or else it can touch its resistance level of 4060 again.

Fresh buying can be done on a close above 4060.

Trade with levels only.

 

Click here to know our previous Agri Levels 

 


 

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