Commodities Cotton

# Cotton Seed Cake Update: Short term Traders Earned Profit

On our #1 Cocudakl update on 23rd of Sept we recommend going long for traders at 1449 with a final tgt of 1513 which was achieved yesterday. We recommend Investors to hold long initiated at the same price on 23rd sept. Now coming back to the chart, indicators are still at the mid-way indicating some more upside on daily chart. We can also notice that commodity is in continuous uptrend channel. Secondly it has closed above short term moving average for the first time in near term. So we are still bullish for traders

Our Recommendation: Go long on near to 1509 tgts 1528/1549/1590 SL:1489 for traders and Investors HOLD

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