Sugar Outlook for Today,NCDEX Sugar Trend for - 01-Mar-2013

SUGARM200 TREND & INTRADAY LEVELS

Overall trend of the Sugarm200 is bearish for medium-long term .Currently Sugarm200 is moving sideways The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing SELL signal For short term Sugarm200 is in HOLD SHORT position and Sugarm200 closed below 1 week low with volume signals down breakout.Positionally Immediate support for Sugarm200 is 3023.Resistance for the Sugarm200 is 3089-3098-3100-3171-3205-3249- Short term and Intraday Level of SUGARM200 Sugarm200 and closed below 1 week low with volume signals down breakoutCurrently 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 below3007.8 Buy if above 3103.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 3080.3 with a stop at 3022.9 Below 3007.8 go for sell Intraday Resistance of SUGARM200 are 3074.1/3099.2/3125/3139.8/3167.9/3196.1 Intraday Support of SUGARM200 are 3013.9/2988.8/2946.8/2919.7 To Get Free  Tips: FreeStock Tips Forex Tips Free Commodity Tips  Or Reach us- 8878998885, 0731-6461777.