Sunday 24 August 2014

Capital stroke NCDEX Update : SOYA OIL 25 August 2014


Trend updated for-Aug/25/2014.CMP-616 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 and closed below 1 month low with volume signals down 
breakout.Positionally Immediate support for Soya_oil is 610.Resistance for the Soya_oil is 651-659-669-681-686-694-

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