CS SOYABEAN UPDATE – 12 September 2013

CS SOYABEAN (OCTOBER) OVERVIEW:

Soybean prices higher in future market limited buying support at higher prices. Soy oil prices opened higher on poor selling support against increased buying at lower prices. Soy meal prices opened steady on limited buying at higher prices.

TREND CONSOLIDATE

SUP1:3349,

SUP2:3260,

RESIST1:3472,

RESIST2:3520.

TRADING STRATEGY: BUY ON DIPS.

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