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Tuesday, April 1, 2014

US Coffee - Intraday Trading Range - Momentum Strategy - 01 Apr 2014

Best Buy & Support @ 177 Resistance @ 178.30 above 179.60 likely to test 183 - 183.5, Number 185 cannot be ruled out, below 175 downside capped @ 171.60 - 169.9

Momentum Trade for the day 

Buy b/w 175.4 - 177 Avg if get 171.6 target 179.6 - 183 

Stops below 168,

 Below 165  Reversal Target / Reverse Your Trade for 148

Now @ 177.18

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