Thursday 22 January 2015

Capital stroke NCDEX Update : SOYA OIL 23-Jan-2015

Trend updated for-Jan/23/2015.CMP-625 The Soya_oil is in long- medium- term bull phase .Currently Soya_oil is in uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Soya_oil is coming down from overbought level For short term Soya_oil is in SELL position and closed below 3 week low with volume signals down breakout.Positionally Support for the Soya_oil is 610-605-602-Resistance for the Soya_oil is 646-662-663-

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