Friday, February 10, 2012

MCX NCDEX Kapas Reports

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.

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Base Metals
MCX Energy
Bullion - MCX
Agri Tips