Cotton futures are expected to trade on a negative note extending losses of the previous week. Weak overseas markets, global demand concerns, higher sowing, and comfortable supplies may continue to keep prices under downside pressure. However, lower level demand may be seen at these levels, support prices.
MCX Cotton Oct Trend Sideways. S1- 16500 , S2- 16200, R1– 17100, R2- 17400
For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704
0 comments :
Post a Comment