Saturday, June 3, 2017

Technical Analysis of Cotton - Trial (Week 13)

Analysis done based on data till 02 June 2017

Bears still in selling mode. Once they stop selling, Cotton could get some support.

Some Support zones are 76, diagonal support above 75 and 200 SMA ~73+

However, the indicators are not looking good. It needs to find support soon.

Hope to do next analysis in a week.



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