Trend updated for-Jul/24/2014.CMP-3712 Overall trend of the Soyabean is bearish for medium-long term Currently Soyabean is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Soyabean. The Soyabean is now trading in oversold level.
The Soyabean is now trading in oversold level. The oscillator is on BUY Signal and Soyabean is recovering from oversold level For short term Soyabean is in SELL position.Positionally Immediate support for Soyabean is 3686.Resistance for the Soyabean is 3858-3876-3932-4211-4325-4339-
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