Monday 22 September 2014

Capital stroke NCDEX Update : SOYA OIL 23 September 2014




Trend updated for-Sep/23/2014.CMP-592 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 oscillator is showing BUY signal For short term Soya_oil is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Soya_oil is 588.Resistance for the Soya_oil is 618-620-623-649-664-673-

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