Technical: Jeera Unjha Spot : Correction Movement Likely

Dated 18/09/2017

JEERA Unjha – Last Close- 19040: Correction Movement Likely



Up trend and Bull market is in progress and correction is likely terminal pattern appears to be in place for Wave (c).

Correction to averages or to 17400 can happen.

Resistance is at 19600. Upside can continue above 19600 and averages are placed at 18457 and 18772. Failure to cross 19600 can lead to a correction to averages.

Conclusion
Breakout is necessary otherwise correction towards 17500-17400 is likely.