On Thursday, Kapas (March) contract closed at 904.48 and Kapas (April) Contract closed at 924.08. Recommendation for today, buy Kapas (Mar) contract for long-term with stop loss placed at 830.46 and buy for short-term with stop loss of 846.02. Buy Kapas (April) contract for long-term with stop loss placed at 805.42 and Buy for short-term with stop loss at 852.96.
Technical Levels:
Kapas March, '12-
Resistance: 931.36 - 920.29.
Support1- 888.68 - 877.60.
Kapas April, '12-
Resistance2- 951.89 - 940.43.
Support1- 907.73 - 896.27.
Technical Levels:
Kapas March, '12-
Resistance: 931.36 - 920.29.
Support1- 888.68 - 877.60.
Kapas April, '12-
Resistance2- 951.89 - 940.43.
Support1- 907.73 - 896.27.