Wednesday 18 February 2015

Capital stroke NCDEX Update : BARLEY 19-Feb-2015

Trend updated for-Feb/19/2015.CMP-1140 Overall trend of the Barley is bearish for medium-long term Currently Barley is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Barley is now trading in oversold level. The Barley is now trading in oversold level. The oscillator is showing BUY signal For short term Barley is in HOLD SHORT position and closed below 3 week low with volume signals down breakout.Positionally Immediate support for Barley is 1132.Resistance for the Barley is 1191-1206-1311-1473-1531-1545-

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