Sugar Outlook for Today,NCDEX Sugar Trend for - 26-Feb-2013

SUGARM200 TREND & INTRADAY LEVELS

Overall trend of the Sugarm200 is bearish for medium-long term .Currently Sugarm200 is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Immediate support for Sugarm200 is 2969.Resistance for the Sugarm200 is 3085-3103-3115-3183-3214-3259- Short term and Intraday Level of SUGARM200 Currently Sugarm200 is in SELL position Sugarm200 is moving sideways so short term investor better to buy only above 3164.0 with stop at 3041.0 The Sugarm200 is now trading in highly oversold level. The Sugarm200 is now trading in highly oversold level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 3094.6 with a stop at 3048.7 Below 3037.5 go for sell Intraday Resistance of SUGARM200 are 3088.4/3107.1/3145.9/3160.8/3188.9/3217.2 Intraday Support of SUGARM200 are 3043.6/3024.9/3008.8/2994.4/2967.1/2939.9

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