Thursday 29 January 2015

Free Fall continues in Indian Soy oil Market

India Soy oil Market Update:

As described Yesterday, Indian Soy oil market is falling freely towards 589 level…. May be by tomorrow.

Daily and Weekly charts are very bearish.

Physical market was also dull today with slack demand.

CBOT soy oil also seems quite weak.


Traders should manage their positions according. 

NCDEX Soy Oil Feb Contract: 9.35 PM IST trades at 607.55 Level.

NCDEX Soy Oil Feb Contract: Weekly Chart

No comments:

Post a Comment