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Monday, May 5, 2014

Coffee - Weekly Trading Strategy - 05 May 2014

Coffee Daily technicals suggests indicators taking support on the channel line - While weekly Indicators are still sustaining in the bullish zone however monthly trend is exhausting..

Best Buy & Sup 201 Resistance 205.65 A break above 210.30 upside target capped @ 219.4 - 224 however a crack below 196 downside @ 187.6 

Buy on dips b/w 201 - 196.5 If get for target 220 - 224

Now @ 202.65

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