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Soy Oil 10kg NCDEX

20 Aug 2020 ‚óŹ 07:30 AM

International soy Oil prices have been moving up steadily and so we are seeing something similar here on Soy Oil 10kg on ncdex. A 3rd wave that is advancing and the most recent correction is wave IV of 3. Support is near the 844 level where the 40dema and then lower end of the rising channel lie. The top end of the channel is at 914 and above that wave V=I fromm 844 would point to 934.

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