Wednesday 27 August 2014

Capital stroke NCDEX Update : COTTON 28 August 2014




Trend updated for-Aug/28/2014.CMP-810 Overall trend of the Kapas is bearish for medium-long term .Currently Kapas is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Kapas is in HOLD LONG position.Positionally Immediate support for Kapas is 787.Resistance for the Kapas is 814-817-832-860-876-877-

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