Technical: Soya Bean Indore - Sideways Movement To Be Witnessed

Dated 28/04/2017

SOYA BEAN INDORE – last close-2950: Sideways Movement to be witnessed

Monthly Chart

Direction movement not being witnessed and movement is within the band.

Support cluster on the monthly chart is at 2600-2500.

The support cluster of 2600-2500 is created since the year 2012.

Sideways volatility is likely to be witnessed.

Next directional movement is outside the band of 3050-2500.

Conclusion

Sideways volatility in a band being witnessed.