Commodity	:	Soyabean
Exchange	:	NCDEX
Perspective	:	Very Short Term

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

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

Trade Recommendation – Soybean NCDEX (Jul)
Call Entry T1 T2 SL
BUY >2324 2334 2339 2319
Support & Resistance
S2 S1 PCP R1 R2
2265 2287 2328.5 2355 2380