Thursday, 29 January 2015

Soy oil closes in RED in Indian Futures Market

As predicted today, Finally Indian Soy oil Futures Market closes with a bearish note tonight. The NCDEX Soy oil Feb contract close at  at 611.20 (-1.92% from previous day close). 

The weakness is likely to continue tomorrow as well.


--------------------------------------------------------------------------------
Technical Levels for NCDEX Soy oil Feb contract for 29.01.2015

597 then 589 are the next support and market will get resistance 615 then 622 levels.

--------------------------------------------------------------------------------



The soy oil at the CBOT close in RED tonight.

No comments:

Post a Comment