Technical : Cotton Seed Kadi Spot : Trying to Fetch Support
Cotton Seed Gujarat Kadi- Last Close (Mean)- 382.50 : Trend down, may try to fetch support
Daily Full chart as per Available Data
Trend is down as prices are below the aveages.
Bear market is still in progress and price trying to find support at lower level of 362-338.
Pullback towards averages could be witnessed.
Averages are placed at 410 and 422. Conclusion
Trend is down and minor pullback towards averages 410-422 could be seen.
Support could be at 362-338 and may bottom out in the same range.
Major reversal can happen above 450 and till then exit long and sell.
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