Wednesday 13 August 2014

Capital stroke NCDEX Update : SOYABEAN 14 August 2014



Trend updated for-Aug/14/2014.CMP-3656 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Soyabean is now trading in oversold level. The Soyabean is now trading in oversold level. The oscillator is showing BUY signal For short term Soyabean is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Soyabean is 3619-3591-.Resistance for the Soyabean is 3735-3951-4184-4237-


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