Technical: Cotton Seed Gujarat Kadi - Accumulate On Correction

Dated 26/11/18

Cotton Seed Gujarat Kadi - Last Close (Mean) - 462 - Accumulate on correction

Daily Full chart as per Available Data


Correction is being witnessed therefore lower range can be used for accumulation.

Support will be at 435-410.

Resistance will be at 540.

Volatility likely to be seen in near term.

Conclusion
Correction to 435-410 is for accumulation.

Resistance can be used to exit long and wait for breakout above 550.