Tuesday 11 November 2014

Capital stroke NCDEX Update : SOYABEAN 12-November-2014



Trend updated for-Nov/12/2014.CMP-3214 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer 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 LONG position.Positionally Support for the Soyabean is 3164-3138-3090-.Resistance for the Soyabean is 3257-3320-3499-

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