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Technical : Soybean Indore Spot : Breakout Witnessed

18 Jan 2018 1:19 pm
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Dated 18/01/2018


Technical : Soybean Indore Spot : Breakout Witnessed

SOYBEAN INDORE – Last Close 3240



Expect a rally towards 4000 in near term to short term with volatility.

Support will be at 3050-2900-2800.

Correction to the support will be for higher bottom to eventually move higher towards 4000 or
above.

Conclusion

In last update, we had indicate for breakout above 3075. The same has been witnessed for last closing at 3250.

Accumulate and hold long position at current or on decline.

Expect a rally towards 4000 in near term to short term.

       
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