Tuesday, 9 September 2014

Capital stroke NCDEX Update : SOYABEAN 10 September 2014



Trend updated for-Sep/10/2014.CMP-3157 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong downtrend with good momentum 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 Sugarm200 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 3128.Resistance for the Soyabean is 3266-3314-3422-3640-3877-4066-

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