Trend updated for-Aug/21/2014.CMP-626 Overall trend of the Soya_oil is bearish for medium-long term .Currently Soya_oil is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Soya_oil is now trading in oversold level. The Soya_oil is now trading in oversold level. The oscillator is showing SELL signal For short term Soya_oil is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Soya_oil is 616.Resistance for the Soya_oil is 661-667-673-684-689-696-
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