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Technical:Kabuli Chickpea- Correction is for accumulation

9 Oct 2018 1:02 pm
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Dated 9/10/2018

Chickpea (Chana)- Indore- Kabuli 42-44 Count- Last Close-6400 Correction is for accumulation

Pull back rise towards averages of 7257 and 8184 can be witnessed.

Correction first towards 6100-5900 can provide support for near term rise.

Minor correction being witnessed is for consolidation.

The averages could offer resistance in the event of the pullback rise from here on.



Conclusion

Lower levels is for accumulation to witnessed and trade a pullback rise towards 7150 and 8095 from cmp-6350.


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