Dated 8/03/2019
Wheat Spot Delhi- Last Close - 2088 - Correction Is Possible
The 61.8% retracement of the fall from 2392 to1722 has been witnessed.
The 61.8% retracement is at 2126 and the recent high was 2130.
Price are trading below 2130 for last fortnight and last close is 2087 as of 07/03/2019.
Near term correction is like till 2130 is not crossed quickly.
Support will be at 2080, 2060 and 2047.
.png)
Conclusion
Expect near term correction and objective remains to exit long till 2130 is not crossed.
Lower support of 2080-2060-2047 is likely to be tested.
0 Comments 
Post Comment 
