Wednesday, 31 October 2012

Mtechtips advises to buy Kapas on dips


MTECHTIPS

Mtechtips advises to buy Kapas on dips

Mtechtips has come out with its report on Gur, Soybean and Kapas. According to the research firm, one can buy Kapas and Gur on dips and sell soybean on pullbacks.
Prices traded higher from a low of 991 and closed the previous session at 1005 levels. A major trendline support is seen at 990, if prices held the same could see a pullback rally towards 1010 followed by 1025 levels in the immediate run. However, break below 990 could see a profit booking towards 975 levels in the near term.

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