Capital stroke NCDEX Update : COTTON 31 JULY 2014

CMP-818 Overall trend of the Kapas is bearish for medium-long term .Currently Kapas is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing SELL signal For short term Kapas is in SELL position.Positionally Immediate support for Kapas is 811.Resistance for the Kapas is 869-872-874-889-905-906.

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