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 Weekly: ICE raw sugar futures post double digit price d... Weekly: ICE raw sugar futures extend week of loss on am... Weekly: ICE raw sugar futures track oil higher; US plan... Weekly: ICE raw sugar futures returns to weekly loss on... Weekly: ICE raw sugar futures snap four week of loss; g... more Top 5 News Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Top 5 Market Commentary Copper Inches Closer to $10,000 Threshold Amidst Invest... Cotton Prices Stable in North Indian States; Daily Arri... Solapur Pulse Market: Tur Prices Hold Steady; Chana Pri... Gold Holds Steady as Investors Await US Inflation Data NCDEX Stock position of commodities at NCCL approved wa...