Capital stroke NCDEX Update Update : SOYABEAN 30 JULY 2014

CMP-3659 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong downtrend and the trend is supported with good volume 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 showing SELL signal For short term Soyabean is in HOLD SHORTposition.Positionally Immediate support for Soyabean is 3615.Resistance for the Soyabean is 3827-3831-3891-4161-4309-4312.

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