Thursday 11 September 2014

Capital stroke NCDEX Update : SOYABEAN 12 September 2014



Trend updated for-Sep/12/2014.CMP-3171 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 oscillator is on SELL signal and Rape_mustard_seeds is coming down from overbought level For short term Soyabean is in SELL position.Positionally Immediate support for Soyabean is 3095.Resistance for the Soyabean is 3228-3281-3383-3604-3837-4040-

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