Technical: Soy Meal Indore - Expect Drv To Be Tested

Dated 29/04/2017

Monthly Chart

In the last update, we had indicated about the pullback rise towards the DRV.

The same is being witnessed and expect further to test the DRV which is around 26891 from current level of 25200.


Expect a near term rise towards 26200-26500

DRV is around 26200 and the same is likely to be tested.

Conclusion

Expect near term rise towards DRV. Traders long may hold long till DRV is being tested.