Dated 07/08/2018
Sun Flower Oil- Kakinada Last Close- 803: Accumulate
The view remains same as mentioned previous update.
Averages are placed at 769 and 752.
Expect a rally to 945 in near term to short term.
Correction towards the average can be opportunity to accumulate as eventually a rally will continue with high top and higher bottom formation.
Conclusion
Accumulate on correction as rally to 945 is likely.