Dated 10/02/2017
WHEAT SPOT DELHI- Last Close-1964 -10/02/2017– Correction in progress
(Monthly Chart)
Wave iv correction is being witnessed which may test 1900-1838.
Resistance is at higher range of 2005-2200.
Support will be at 2123-2074.
Once Wave iv is complete rise to Wave v could be seen Wave v can test back 2391.
Conclusion
Correction is in progress