CS SOYABEAN UPDATE – 13 September 2013

CS SOYABEAN (OCTOBER) OVERVIEW:

Indian oilseed and soyoil futures rose on Thursday on good demand for edible oils due to the 

ongoing festive season, gains in overseas markets and as the rupee fell. Rising supplies of 

soybeans in spot markets and higher inventory of rapeseed, however, capped the upside.

TREND CONSOLIDATE
SUP1:3349,
SUP2:3260,
RESIST1:3472,
RESIST2:3520.

TRADING STRATEGY: SELL ON RISE.

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