Tuesday, 21 April 2015

Soy oil close down in Indian Futures Market

Soy oil close down in Indian market due to profit booking and fresh selling pressure.

As discussed in earlier post this afternoon that short term correction might be seen in soy oil.

The NCDEX Soy oil June contract closes at 584.

Tomorrow some more correction might be seen.

For 22 April 2014 the following short term Technical Levels seems valid.

Support = 580   Resistance = 587


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