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Monday, 4 March 2013

Sugar Outlook for Today,NCDEX Sugar Trend for - 04-Mar-2013







SUGARM200 TREND & INTRADAY LEVELS


Overall trend of the Sugarm200 is bearish for medium-long term.Currently Sugarm200 is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Sugarm200 is in HOLD SHORT position.Positionally Immediate support for Sugarm200 is 2982.Resistance for the Sugarm200 is 3083-3084-3085-3160-3197-3243-

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 3090.0 or hold with stop at 2994.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 3018.8 with a stop at 2993.6 Below 2989.2 go for sell
Intraday Resistance of SUGARM200 are 3012.8/3020.1/3044.5/3070.8/3085.4/3113.3/3141.2
Intraday Support of SUGARM200 are 2995.2/2987.9/2961.2/2935.3/2921/2894.1/2867.2





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