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Technical: Black Pepper Kochi- Further Weakness Is Below 495

6 Jul 2017 12:54 pm
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Dated 06/07/2017

Black Pepper- Garbled- Kochi- Further weakness is below 495

Weekly Chart


Trend is down based on the average as prices are below the average on the weekly chart.


Pause could be seen for the fall considering the bar/candle in last few bars – Hammer.


Expect minor pullback attempt towards DRV-541.50.


Weakness will continue below 495.


Conclusion


Trend is down and further weakness is below 495.


       
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