Dated 20/03/2019
Cotton Seed Gujarat Kadi- Last Close (Mean)- 4537.50 - Breakout Attempt Witnessed
Breakout above 480 is attempt a result of the strong up move in last fortnight.
If breakout above 480 is successful then expect a rally to 640.
Accumulate at 515-481 as the opportunity arises.
Weakness is below 413.
Support will be at 485-460-413.
Resistance band remains at 480-550.
Conclusion
Accumulate at support as a rally to 640 is likely to be tested.