Tuesday 20 January 2015

Capital stroke NCDEX Update : SOYA OIL 21-Jan-2015

Trend updated for-Jan/21/2015.CMP-642 The Soya_oil is in long- medium- short-medium- term bull phase .Currently Soya_oil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Soya_oil is now trading in overbought level. The Soya_oil is now trading in overbought level. The oscillator is showing SELL signal For short term Soya_oil is in HOLD LONG position and Soya_oil closed below 1 week low with volume signals down breakout.Positionally Support for the Soya_oil is 637-608-604-602-.Resistance for the Soya_oil is 663-670-

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