Wednesday 13 August 2014

Capital stroke NCDEX Update : COTTON 14 August 2014



Trend updated for-Aug/14/2014.CMP-802 Overall trend of the Kapas is bearish for medium-long term Currently Kapas is moving sideways The Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing BUY signal .In last 3 weeks Kapas is trading in low volatality Buy the Kapas above 887 or buy with strict stop at 783. The Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing BUY signal For short term Kapas is in HOLD SHORT position.Positionally Immediate support for Kapas is 783.Resistance for the Kapas is 807-825-861-863-873-887-

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