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SUGARMKOL TREND & INTRADAY LEVELS

Trend updated for-May/21/2012.CMP-3010 The Sugarmkol is in perfect uptrend .Currently Sugarmkol is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Sugarmkol is 2869-2840-2808-2805-2802-2783-. Immediate resistance for Sugarmkol is 3022

Short term and Intraday Level of SUGARMKOL

Currently Sugarmkol is in HOLD LONG position The Sugarmkol is not giving any clear signal So buy only if close above3010.0 and sell below 2812.0 The oscillator is showing SELL signal
Intraday Trend-The Sugarmkol closed in a confusion manner So buy for intraday only above 3096.4 with a stop at 2963.9 If opens below 2963.9 or trade below 2923.9 be cautious or go for sell with stop at 3056.2

INTRADAY LEVEL OF SUGARMKOL

PROBABLE HIGH

PROBABLE LOW

3163.1

BULL

3084.0

2781.0

3096.4

UP BREAKOUT

3024.0

2842.0

3072.2

STOP LEVEL

LEVEL FOR LONG

LEVEL FOR SHORT

3056.2

SELL

2902.0

PIVOT

2963.3

5 DAY HIGH

3010.0

2963.9

BUY

5 DAY LOW

2812.0

2948.1

STOP

AVG VOLUME

2923.9

DOWN BREAK OUT

LAST DAY

Confusion trend

2857.4

BEAR

HIGH

3010.0

TRADING POSTION

BUY

LOW

3010.0

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