Soya oil: Correction mode
Adjacent chart shows price movement of NCDEX soya oil continuous contract. Structurally the oil formed a multimonth triangle, which broke out on the upside. From there th...
After falling from Rs6,612 to Rs3,688, NCDEX dhaniya formed a bearish triangle. The last leg of the pattern got over near the key resistance zone of 40-weekly exponential moving average...