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Wednesday, 27 February 2013

Sugar Outlook for Today,NCDEX Sugar Trend for - 27-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 3085-3102-3109-3179-3211-3255-

Short term and Intraday Level of SUGARM200

Currently Sugarm200 is in SELL position The Sugarm200 is in downtrend For short term buy only if close above 3089.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 3089 with a stop at 3054.4 Below 3047 go for sell and put stop at 3081.6
Intraday Resistance of SUGARM200 are 3082.9/3095.2/3130.4/3145.2/3173.3/3201.6
Intraday Support of SUGARM200 are 3053.1/3040.8/3019.8/2993.7/2979.2/2952/2924.9




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