NCDEX Soybean Continues Sideways Trend

Sideways trend is likely for NCDEX Soybean futures. Milan Shah, agri research analyst at commodity Online, said Soybean August contract is sideways for short term and positive for intra day. Short term support is seen at 3550 and resistance at 3750. Intraday support is visible at 3550 3600 with a resistance of 3640.

NCDEX Soybean August futures were seen trading up by 2.78 per cent to 3659 levels on Wednesday( 11.15am).

 

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This entry was posted in Agricultural Products, Commodities, India, Indian agriculture, National Commodity and Derivative Exchange, NCDEX, Soybean and tagged , , , . Bookmark the permalink.

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