Technical : Turmeric Nizamabad Spot : Correction Is Being Witnessed 17 Mar 2018 2:49 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated - 17/03/2018 Technical : Turmeric Nizamabad Spot : Correction Is Being Witnessed TURMERIC Nizambad- Last Close: 6800 Wave (e) retracement levels of Wave (d) are 7286-6940-6675-6358. The low registered till now is 6626 Expect 7205 to be tested. The average will provide resistance which is at 7205. Overall breakout and close above 7700 is essential for rally. Correction can extend to 6360. Conclusion Correction is in progress towards 6360 or below and can be used for accumulation on the expectations of Wave e termination which can happen at 6675-6360 or at trend line of 5884. Lower levels are likely to be tested before moving higher as upside faces resistance.   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 Guntur Red Chilli (Teja) — Trending Higher / Next Res... Statewise Area/Production of Pepper Statewise Area/Production of Chilli Statewise Area/Production of Dhaniya (Coriander) Statewise Area/Production of Jeera (Cumind Seed) more Top 5 News Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Top 5 Market Commentary NCDEX Stock position of commodities at NCCL approved wa... Market Snapshot MCX - NCDEX Global equity/currency market update: Asia stocks mixed... ICE raw sugar futures end lower amid improved supply pr... ICE cotton futures drop to near 4-month low