Friday, 5 September 2014

Capital stroke NCDEX Update : SOYABEAN 5 September 2014



Trend updated for-Sep/05/2014.CMP-3225 Overall trend of the Soyabean is bearish for medium-long term .Currently Soyabean is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Soyabean Noting point is selling at lower levels seems decreasing. The Soyabean is now trading in oversold level. The Soyabean is now trading in oversold level. The oscillator is showing BUY signal For short term Soyabean is in SELL position.Positionally Immediate support for Soyabean is 3166.Resistance for the Soyabean is 3334-3387-3479-3685-3934-4104-

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