Thursday 16 October 2014

Capital stroke NCDEX Update : COTTON 17 October 2014




Trend updated for-Oct/17/2014.CMP-769 Overall trend of the Kapas is bearish for medium-long term .Currently Kapas is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Kapas if it close above799 or buy with strict stop at 741. The oscillator is showing BUY signal For short term Kapas is in HOLD LONG position.Positionally Support for the Kapas is 762-761-.Resistance for the Kapas is 780-813-848-851-


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