Friday, 5 September 2014

Capital stroke NCDEX Update : SOYA OIL 5 September 2014



Trend updated for-Sep/05/2014.CMP-604 Overall trend of the Soya_oil is bearish for medium-long term .Currently Soya_oil is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Soya_oil is now trading in oversold level. The Soya_oil is now trading in oversold level. The 
oscillator is showing SELL signal For short term Soya_oil is in HOLD SHORT position.Positionally Immediate support for Soya_oil is 598.Resistance for the Soya_oil is 614-624-643-666-673-685-

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