Trend updated for-Sep/30/2014.CMP-744 Overall trend of the Kapas is bearish for medium-long term .Currently Kapas is in strong downtrend with good momentum 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 Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing SELL signal For short term Kapas is in SELL position.Positionally Immediate support for Kapas is 741.Resistance for the Kapas is 770-778-794-839-853-862-
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