Technical : Cotton Bales Rajkot Spot : Trend Appears to Be Down 23 Sep 2017 11:53 am   0 Comments  |   Post Comment  |  Font Size A A A  Dated 23/09/2017 Technical : Cotton Bales Rajkot Spot : Trend Appears to Be Down Cotton 1 Bales Rajkot- 19190- Trend appears to be down Expect a near term slide towards the last bottom of 18290. Resistance will be at 19483-19923. Halt to the slide can be seen if close is above 19923. RSI and Stochastic is in oversold zone therefore lower levels may attract support but overall objective could be to move lower with volatility. Lower range for support can be 19043-18603. Conclusion Trend is down on weekly chart is likely to move lower towards last bottom.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Weekly: ICE cotton futures extend decline; no respite f... Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... US cotton net export sales for April 5-11 at 146,100 RB... Weekly: ICE cotton futures post extend fall for sixth s... USDA revises 2023-24 global cotton ending stocks estima... more Top 5 News Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mumbai Masur Canada Crimson Container Weak Price Trend... Top 5 Market Commentary DCE Daily Rates Update ( Time: 19:27) - 24 APRL 2024 ICE/ZCE Daily Rates Update ( Time: 19:25 ) - 24 APRL 2... Market Wise Moong Arrivals: Supply Down By -21.22% Agai... Steady Castor Prices Persist Despite Increased Arrivals... Market Wise Matar Arrivals: Supply Down By -42.2% Again...