Technical: Black Pepper-Garbled Kochi- Expect Support At Current Level

Dated 20/05/2019

Black Pepper-Garbled Kochi- Last Close-366 Expect Support At Current Level

The view mentioned in last update remains the same.

Swing bottom appears to be forming unless immediate violation of 340 is witnessed.

Expect a rise towards 383-414.

Weakness is below 340.




Conclusion

Expect weakness below 340.

Rise towards higher range is likely.