Yesterday, Kapas (March) contract closed at 853.39 and Kapas (April) contract closed at 867.68. For Today, traders are advised to buy Kapas (Mar) for long-term with stop loss placed at 760.79 and Sell for short-term with stop loss placed at 857.64. And buy Kapas (Apr) for long-term with strict stop loss placed at 763.01 and can also buy for short-term with stop loss placed at 865.72.
Technical Levels:
Kapas March, '12-
Resistance: 881.94 - 870.18.
Support1- 824.84 - 836.60.
Kapas April, '12-
Resistance2- 899.12 - 886.17.
Support1- 836.26 - 849.21.
Technical Levels:
Kapas March, '12-
Resistance: 881.94 - 870.18.
Support1- 824.84 - 836.60.
Kapas April, '12-
Resistance2- 899.12 - 886.17.
Support1- 836.26 - 849.21.