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Tuesday, 12 March 2013

Sugar Outlook for Today,NCDEX Sugar Trend for - 12-Mar-2013













Overall trend of the Sugarm200 is bearish for medium-long term .Currently Sugarm200 is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Sugarm200 above 3168 or buy with strict stop at 2974. The oscillator is showing SELL signal For short term Sugarm200 is in SELL position.Positionally Support for the Sugarm200 is 3002-.Resistance for the Sugarm200 is 3049-3063-3127-3171-3220-


Short term and Intraday Level of SUGARM200

Currently Sugarm200 is in HOLD LONG position Sugarm200 is moving sideways so short term investor better to buy only above 3049.0 or hold with stop at 2993.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3043.1 with a stop at 3005.5 Below 2997 go for sell
Intraday Resistance of SUGARM200 are 3037/3051.2/3086.6/3101.3/3129.2/3157.2
Intraday Support of SUGARM200 are 3003/2988.8/2950.8/2936.5/2909.5/2882.5




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