Capital stroke NCDEX Update : SOYABEAN 21 October 2014

Trend updated for-Oct/21/2014.CMP-3001 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong 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 showing BUY signal For short term Soyabean is in HOLD SHORT position.Positionally Support for the Soyabean is 2977-.Resistance for the Soyabean is 3030-3090-3245-3445-3665-

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