Dated 22/02/2017
COTTON BALES – Rajkot-Last Close- 20230 : Expect Sideways Volatility to be witnessed
(Monthly Chart)
Further rise for pullback or for Wave b f Wave (c) will continue above 20700.
Lower range can be 20000-19000 and the same could be tested.
Conclusion
Further rise is above 20700.
Correction and sideways volatility could be seen below 20700 to 18200.