Thursday 21 August 2014

Capital stroke NCDEX Update : COTTON 22 August 2014




Trend updated for-Aug/22/2014.CMP-834 Overall trend of the Kapas is bearish for medium-long term .Currently Kapas is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Kapas is in HOLD LONG position.Positionally Support for the Kapas is 811-807-.Resistance for the Kapas is 839-861-876-881-

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