Technical Analysis of Cotton: Third Try: 26 March 2017
Analysis done on Sunday, 26 March 2017 based on data till 24 March '17
Cotton has been hovering ~77 and might be staying ~76 in coming days.
Technicals indicators are not bullish.
Cotton has been on an up move from March 2016.
It faced Resistance at 78 in Aug '16 and recently at 79.
If it could cross 78-79 Resistance again, 84 is a possibility.
Hope to do next analysis in a week.
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