Capital stroke NCDEX Update : SOYABEAN 23 September 2014

Trend updated for-Sep/23/2014.CMP-3039 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in 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 on BUY Signal and Soyabean is recovering from oversold level For short term Soyabean is in HOLD LONG position.Positionally Immediate support for Soyabean is 3012.Resistance for the Soyabean is 3194-3205-3277-3501-3714-3944-

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