Technical: Wheat Spot Delhi- Accumulate On Decline



Technical: Wheat Spot Delhi- Accumulate On Decline

3 Oct 2018 4:28 pm

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Dated 3/10/2018

Wheat Spot Delhi- Last Close - 2032- Accumulate On Decline

Expect price to move higher towards 2039 and 2118 in near term to short term.

Accumulate on correction from current price of 2032 or below as and when the opportunity arises.

Support will be at 1953. The averages are at 1907 and 1870.

Conclusion

Accumulate on decline.

Expect a rally in near term to 2039 and 2100.

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