Thursday 21 August 2014

Capital stroke NCDEX Update : SOYA OIL 22 August 2014



Trend updated for-Aug/22/2014.CMP-625 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 . In last few days volume based selling happened in the Soya_oil. 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.Positionally Immediate support for Soya_oil is 616.Resistance for the Soya_oil is 657-663-671-682-687-695-

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