Capital stroke NCDEX Update : BARLEY 5-Feb-2015

Trend updated for-Feb/05/2014.CMP-1209 Overall trend of the Barley is bearish for medium-long term Currently Barley is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Barley. The Barley is now trading in oversold level. The Barley is now trading in oversold level. The oscillator is showing SELL signal For short term Barley is in SELL position and Barley closed below 1 week low with volume signals down breakout.Positionally Immediate support for Barley is 1201.Resistance for the Barley is 1238-1362-1472-1559-1576-1579-


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