Monday 22 September 2014

Capital stroke NCDEX Update : BARLEY 23 September 2014



Trend updated for-Sep/23/2014.CMP-1600 The Barley is in perfect uptrend .Currently Barley is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Barley Cautious point is buying at higer levels seems decreasing. The Barley is now trading in overbought level. The Barley is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 month high with volume signals up breakout.Positionally Support for the Barley is 1543-1530-1505-1438-1400-1377-. Immediate resistance for Barley is 1608

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