Dated 20/07/2018
Sun Flower Oil- Kakinada Last Close- 805: Accumulate
Averages are placed at 766 and 750.
Expect a rally to 945 in near term to short term.
Correction towards the average can be opportunity to accumulate as eventually a rally will continue with high top and higher bottom formation.
Conclusion
Accumulate on correction as rally to 945 is likely.
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