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 :

Top 5 News
	Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
	Soy Refined Oil (Indore) Trading Near Key Resistance (...
	US cotton net export sales for April 5-11 at 146,100 RB...
	US soybean net sales for April 5-11 at 485,800 MT, up 5...
	Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...

Top 5 Market Commentary
	Dhaniya 19 APR
	Thailand's Sugar Production to Decline in 2023-2024
	ZCE Cotton and Yarn Mid-Day 19 Apr 2024
	Branded Processed Pulses At Mumbai Apmc Market - 19 Apr...
	Indian Soybean Arrivals Surge as Oil Prices Decline