Dated 28/09/2018
Black Pepper-Garbled Kochi- Last Close-403- Trend Turns Up
Trend has turned up as prices move above the averages.
Correction to averages of 386 can be used for accumulation.
Pullback or new up trend will resume if sustains above 414.
Above 414 expect the rise towards 443 and 478.
As long as 340 is not violated correction to averages or below can be for accumulation as reversal progress has resumed and confirmation is awaited.
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Conclusion
Accumulate on correction as swing bottom appears to be in place for near term to short term as long as 340 is not violated.
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