Dated 17/07/2018
Wheat Spot Delhi- Last Close - 1908- Accumulate On Decline
In last few updates, we had hinted about the possible reversal and the same has been witnessed.
Breakout above 1791 has been witnessed.
Expect a rally towards 1963-2039-2113.
Accumulate on correction if any to 1850 and below towards the averages of 1800.
Conclusion
Accumulate on decline.
Expect a rally in near term.