The downtrend may be expected to continue, while market is trading below resistance level 120, which will be followed by reaching support level 111 and if it keeps on moving down below that level, we may expect the market to reach support level 102.

A downtrend will start as soon, as the coffee market drops below support level 105.70, which will be followed by moving down to support level 102.70 - 101.75.

An uptrend will start as soon. If it keeps on moving up above, we may expect the market to reach resistance level 132.

People are indulging in panic buying of food stuff, which is spurring demand for some agricultural commodities.

In a holiday-shortened week we look at the grains and soybeans which saw good action this week.