Tuesday 4 November 2014

Capital stroke NCDEX Update : SOYABEAN 5-November-2014




Trend updated for-Nov/05/2014.CMP-3317 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Soyabean. 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 The current position is BUY .Positionally Support for the Soyabean is 3151-3149-3087-3067-.Resistance for the Soyabean is 3355-3545-

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