Commodity	:	Soyabean
Exchange	:	NCDEX
Perspective	:	Very Short Term

Technical Commentary:
 Candlestick chart pattern reflects buying interest in the market.
 Prices closed below 9-day and 18-day EMA indicating bearish momentum in near and medium-term.
 MACD is easing in negative territory.
 RSI and stochastic are rising in neutral zone.

Soybean prices are likely to witness gain in Wednesday’s session.

Trade Recommendation – Soybean NCDEX (Jul)
Call Entry T1 T2 SL
BUY >2273 2283 2288 2268
Support & Resistance
S2 S1 PCP R1 R2
2250 2271 2278 2319 2340