Monday 20 October 2014

Capital stroke NCDEX Update : SOYA OIL 21 October 2014



Trend updated for-Oct/21/2014.CMP-573 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 and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Soya_oil is 570.Resistance for the Soya_oil is 597-603-610-619-641-654-

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