Monday, 5 October 2015

Soybean bullish for short term due to festive demand @ Buy NCDEX Soya by Moneymaker

NCDEX soybean futures edges higher on strong demand. It opened with gap up with a positive note. NCDEX soybean November futures ended the trade at Rs. 3539 per quintal, up by 3.21% from its previous day’s close.


Prices may follow uptrend in today’s trading session and expected range for the day would be between 3530 and 3600. Hence, it is recommending buy on dips for the day.


Here we are advice for Day trader can Buy NCDEX Soybean around 3550 November contract target 3610, 3670 stop loss 3509. 

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