Technical: Sun Flower Oil- Kakinada-Expect Retracement Level To Be Tested



Technical: Sun Flower Oil- Kakinada-Expect Retracement Level To Be Tested

15 Jan 2019 4:23 pm

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Dated 15/01/2019

Sun Flower Oil- Kakinada Last Close- 770 - Expect Retracement Level To Be Tested

Expect lower range of 750-724.

Resistance will be at 780.

Expect retracement levels of 750 and 724 to be tested.

Upside momentum can be restored above 825 for 950.

Conclusion

Accumulate at retracement levels.

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