Capital stroke NCDEX Update : SOYABEAN 14 October 2014

Trend updated for-Oct/14/2014.CMP-2880 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean 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 Soyabean is now trading in oversold level. The Soyabean is now trading in oversold level. The oscillator is showing SELL signal For short term Soyabean is in HOLD SHORT position.Positionally Immediate support for Soyabean is 2860.Resistance for the Soyabean is 3024-3050-3116-3297-3495-3729-

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