Technical: Kabuli 42-44 Count Indore: Trend Is Down As Wave C Is In Progress

Dated 30/03/2018
Chickpea (Chana)- Indore- Kabuli 42-44 Count - Last close: 6600-Trend Is Down As Wave C Is In Progress

The Wave structure show a flat pattern based on available data.

Wave c is in progress which may end at or around 5900.

Resistance will be at 7500-8300.

Reversal process can resume above 8300.

Conclusion
Expect lower level of 5900 to be tested in due course of time with volatility therefore objective remains to exit long.