Sugar Outlook for Today,NCDEX Sugar Trend for - 08-Feb-2013

SUGARM200 TREND & INTRADAY LEVELS

Overall trend of the Sugarm200 is bearish for medium-long term .Currently Sugarm200 is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Sugarm200 is now trading in oversold level. The Sugarm200 is now trading in oversold level. The oscillator is showing SELL signal For short term Sugarm200 is in SELL position.Positionally Immediate support for Sugarm200 is 2998.Resistance for the Sugarm200 is 3129-3168-3193-3225-3272-3302- Short term and Intraday Level of SUGARM200 Currently Sugarm200 is in SELL position Sugarm200 has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below2992.1 Buy if above 3162.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 3078.1 with a stop at 3010.5 Below 2992.1 go for sell Intraday Resistance of SUGARM200 are 3052.6/3070.3/3099.5/3122.9/3150.9/3179.1 Intraday Support of SUGARM200 are 3017.4/2999.7/2970.5/2930.4/2903.4 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.