Technical: Cotton Seed Kadi : Correction Movement In Progress



Technical: Cotton Seed Kadi : Correction Movement In Progress

22 Apr 2017 1:22 pm

Font Size A A A

Dated 24/04/2017

Cotton Seed Gujarat Kadi- Last Close (Mean)- 21/04/2017- : Correction Movement In Progress

Weekly Chart

Support can be at 455-450.

Further slide is below 450.

On fall and close below 450 expect 415-390 to be tested.

Upside movement can resume above 515.

Conclusion

Up trend resume above 515 on weekly chart and long trade can be done if prices remain above 515.

Trend likely to be down with volatility.

0.0

Post comment

Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
	Name :

	Email :

Latest Special Reports
	Desi Moong (Jaipur) Inflection Point: Retesting Key Re...
	Black Matpe Polished (AP) Consolidating Above Key Supp...
	Black Matpe Unpolished (AP) Consolidating in an Uptren...
	Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne...
	Mumbai Masur Canada Crimson Container Weak Price Trend...
more

Top 5 News
	Desi Moong (Jaipur) Inflection Point: Retesting Key Re...
	Rajkot Groundnut Oil Loose Correction Underway / Next ...
	US Cotton net export sales for April 12-18 at 177,100 R...
	US soybean net sales for April 12-18 at 210,900 MT, dow...
	Black Matpe Polished (AP) Consolidating Above Key Supp...

Top 5 Market Commentary
	Market Wise Urad Arrivals: Supply Down By -15.07% Again...
	Market Wise Tur Arrivals: Supply Down By -14.07% Agains...
	TUR
	CHANA
	MOONG