Thursday 21 August 2014

Capital stroke NCDEX Update : SOYABEAN 22 August 2014



Trend updated for-Aug/22/2014.CMP-3410 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong downtrend with good momentum and the trend is supported with good volume 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 SELL signal For short term Soyabean is in SELL position.Positionally Immediate support for Soyabean is 3359.Resistance for the Soyabean is 3521-3561-3656-3852-4092-4198-

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