login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Technical: Soya Oil Indore : Accumulate On Correction

24 Apr 2018 3:36 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Dated 24/04/2018

Soya Oil Indore- Last Close-: 768 - Accumulate On Correction



A rally towards 900 is likely in due course of time with volatility.

Bull market is in place in Soya Oil.

Support will be at 748 and 731.

Correction to support and averages 55 VA and 89 VA can be the support for accumulation.

Conclusion
Accumulation at lower level is key as overall higher top and higher bottom formation is likely.

Rise is likely to make a new term top for correction and higher bottom to eventually move higher.


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Castor Oil (Kadi) Weak Price Trend / Next Support at R...
Mustard Oil (Jaipur) Trending Lower / Next Support at ...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
US soybean net sales for April 5-11 at 485,800 MT, up 5...
Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa...
more
Top 5 News
Black Matpe Polished (AP) Consolidating Above Key Supp...
Black Matpe Unpolished (AP) Consolidating in an Uptren...
Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne...
Castor Oil (Kadi) Weak Price Trend / Next Support at R...
Mumbai Masur Canada Crimson Container Weak Price Trend...
Top 5 Market Commentary
Cotton Prices Hold Steady in Karnataka on Spinning Mill...
Cotton Markets Remain Stable in Andhra & Telangana Ami...
Cotton Arrivals Witness Slight Decline Across Major Pro...
Branded Processed Pulses At Mumbai Apmc Market - 25 Apr...
CAI Retains Its March Cotton Pressing Estimate for 2023...
Copyright © CC Commodity Info Services LLP. All rights reserved.