Technical: Cotton Bales Rajkot- Expect Sideways Volatility To Be Witnessed

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.