Cotton Bales Rajkot- Up Trend Has Resumed

Dated : 06/04/2019

Cotton 1 Bales Rajkot- Last Close-22350 Up Trend Has Resumed

Attempt of Swing bottom has been witnessed in last 1 month and last fortnight was a follow up rise to the swing bottom seen 2 fortnights back.

Expect a rally to 23100-23720.

Support will be at 21670-21550.

Down movement can resume below 21550.

Weakness and further correction continues below 21550.



Conclusion

Expect a near term rise towards 2310-23720 with volatility.