Monday 22 September 2014

Capital stroke NCDEX Update : COTTON 23 September 2014




Trend updated for-Sep/23/2014.CMP-758 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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Kapas is in HOLD SHORT position.Positionally Immediate support for Kapas is 749.Resistance for the Kapas is 777-793-800-850-855-867-

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