TECHNICAL: CPO Kandla (In USD) - Down Move Currently



TECHNICAL: CPO Kandla (In USD) - Down Move Currently

16 Nov 2018 7:28 pm

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CPO KANDLA (In USD) - Spot- last close- 460- Down Move Currently

The data to asses is very limited and based on last few days spot prices have been falling.

Resistance will be a 480 , 505 and 510.

Support currently cannot be defined.

Conclusion

Falling price for last few days calls for trading or near term down move.

Reversal for minor pullback is above 480.

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