Trend updated for-Aug/12/2014.CMP-805 Overall trend of the Kapas is bearish for medium-long term Currently Kapas is moving sideways The Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing BUY signal .In last 5 days volatality is very less Buy the Kapas above 823 or buy with strict stop at 787. The Kapas is now trading in oversold level. The Kapas is now trading in oversold level. The oscillator is showing BUY signal For short term Kapas is in HOLD SHORT position.Positionally Immediate support for Kapas is 787.Resistance for the Kapas is 816-836-864-870-873-891
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