Technical: Wheat Spot Delhi-Accumulate On Decline

Dated 23/10/2018

Wheat Spot Delhi- Last Close - 2060 Accumulate On Decline

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

Accumulate on correction from current price of 1933 and 1896 or below as and when the opportunity arises.

The averages are at 1933 and 1896.




Conclusion

Accumulate on decline.

Expect a rally in near term to 2100.