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Technical: Cotton Bales Rajkot- Correction Below 20200

19 Jun 2017 12:38 pm
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Dated 5/06/2017

COTTON BALES – Rajkot-Last Close- 20340 – Correction below 20200


Monthly Chart


Correction can continue below 20200.


Upside movement can resume above 21070.


Conclusion


Movement is likely to be between 20200 and 21070 in near term.


Next directional movement is outside the band 20200-21070.


       
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