Dated - 12/01/2018
Turmeric Nizamabad - Last Close - 7650 - Breakout Awaited
Trend is up as closing is above the 55 VA and 89 VA.
The 55 VA is above 89 VA which suggest bull market in progress and the same will be confirmed if breakout on sustained basis above 7900 is witnessed.
Support will be at 55 VA and 89 VA which is placed at 7327 and 7237.
Expect a rally towards 8200.
Conclusion
Breakout and close above 7900 is essential for upside momentum.
Lower correction to averages are for accumulation.