Tuesday 31 December 2013

SOYABEAN TREND & INTRADAY LEVELS 01-Jan-2014

Soyabean is in long- term bull phase .Currently Soyabean is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Soyabean is now trading in oversold level. The Soyabean is now trading in oversold level. The oscillator is showing SELL signal For short term Soyabean is in HOLD SHORT position.Positionally Support for the Soyabean is 3773-3692-.Resistance for the Soyabean is 3836-3844-3871-

Short term and Intraday Level of SOYABEAN

Currently Soyabean is in SELL position Soyabean is moving sideways with low volatality so short term investor better to buy if close above 3863.0 close below 3762.0 sell will happen. The oscillator is showing BUY signal 
Intraday Trend-Intraday better to buy above 3907 and Sell if below3731.3
Intraday Resistance of SOYABEAN are 3862.8 : 3899.2 : 3901.1 : 3914.1
Intraday Support of SOYABEAN are 3775.2 : 3738.8 : 3716 : 3703.3

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