Sugar Outlook for Today,NCDEX Sugar Trend for - 13-Feb-2013
SUGARM200 TREND & INTRADAY LEVELS
Overall trend of the Sugarm200 is bearish for medium-long term .Currently Sugarm200 is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Sugarm200 is now trading in oversold level. The Sugarm200 is now trading in oversold level. The oscillator is showing BUY signal For short term Sugarm200 is in SELL position.Positionally Support for the Sugarm200 is 3048-.Resistance for the Sugarm200 is 3113-3166-3207-3253-3285-Short term and Intraday Level of SUGARM200Currently Sugarm200 is in HOLD LONG position Sugarm200 is moving sideways so short term investor better to buy only above 3090.0 with stop at 2981.0 The oscillator is showing SELL signalIntraday Trend- Buy is advised above 3113.3 with a stop at 3046.9 Below 3028.9 go for sell Intraday Resistance of SUGARM200 are 3083.1/3093.1/3113.3/3139.9/3154.7/3182.8/3211.1 Intraday Support of SUGARM200 are 3058.9/3048.9/3029/3002.9/2988.4/2961.2/2934
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