Technical: Cotton Seed Gujarat Kadi- Accumulate On Correction

Report Date- 21/05/2018

Cotton Seed Gujarat Kadi- Last Close (Mean)- 462.5- Accumulate On Correction

Daily Full chart as per Available Data

Breakout has been witnessed.

Resistance is at 455-460.

Further rise will continue above 460 closing.

Support will be at 390.

On sustained rise above 460 can set a rise to 540.

Conclusion

Accumulate on correction from last close of 462.5 or below.

Expect a rally towards 540.