Thursday 16 October 2014

Capital stroke NCDEX Update : SOYA OIL 17 October 2014



Trend updated for-Oct/17/2014.CMP-591 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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Soya_oil is in SELL position.Positionally Immediate support for Soya_oil is 581.Resistance for the Soya_oil is 602-606-613-623-644-655-


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