Technical : Sunflower Oil Kakinada Spot : Expect Correction Towards Averages 20 Jan 2018 4:20 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 19/01/2018 Technical : Sunflower Oil Kakinada Spot : Expect Correction Towards Averages Sunflower Oil- Kakinada Last Close : 719 Up Trend has resumed as prices are above both the averages. Bull Market is in progress as 55 VA is above 89 VA now. Correction for Wave 2 of Wave (c) is in progress which will test the averages before moving higher. The averages are placed at 691 and 682.0 Correction is for accumulation on Wave 2. Further rally is above 695 closing. Conclusion Correction is in progress for accumulation at averages.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... US cotton net export sales for April 5-11 at 146,100 RB... Weekly: ICE cotton futures post extend fall for sixth s... USDA revises 2023-24 global cotton ending stocks estima... Cotton (Akola) Positive Short-term Trend / Next Resist... more Top 5 News Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Top 5 Market Commentary Cotton Prices Dip in Madhya Pradesh on Subdued Demand; ... Gujarat's Cotton Market Faces Slowdown as Prices Witnes... Mustard seed, cake prices flat, oil gains India 2024 Summer Pulses Sowing Up 9.07% - 19 Apr 2024 India 2024 Summer Sowing Up 8.19% - 19 Apr 2024