(61.29) of an intermediate up move. meanwhile, the daily ema (5, 9) at 63.11, 63.53, having a negative crossover along with the momentum indicator rsi is at 40, suggesting sideways to negative bias for the price. the immediate resistance for the price would be at 63.10 (5 day ema). thus for the day...
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us suggesting amicable forcotton market in the country. the world estimates pegged at 113.22 million while consumption at 115.75 million with ending stocks likely at 87.15 million bales for the year 2017-18 season. meanwhile, china's beginning stocks are expected to fall to 39.65 million. market action...