Sunday 16 November 2014

Capital stroke NCDEX Update : SOYA OIL 17-November-2014



Trend updated for-Nov/17/2014.CMP-578 Overall trend of the Soya_oil is bearish for medium-long term .Currently Soya_oil is in strong downtrend with good momentum 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 HOLD SHORT position.Positionally Immediate support for Soya_oil is 575.Resistance for the Soya_oil is 588-591-592-603-616-635-

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