Technical: Soya Bean Doc Indore-Accumulate on correction

Dated 03/07/2018

Soya Bean Doc Indore- Last Close:28500 - Accumulate on correction

Wave ii of Wave C or Wave e could test last breakout point of 26900.

If sustained rise and close above 33000 is witnessed then expect a rise towards 43000.

Support will be at 27000 and must remain above it.

Conclusion –

Correction to 27000 can be for accumulation for target level of 39000-43000.

Accumulate at 27914-27000 as the opportunity arises.