Technical: Cotton Seed Gujarat Kadi - Further Slide Below 320 Closing

Dated 03/05/2018
Cotton Seed Gujarat Kadi - Last Close (Mean) - 330: Further Slide Below 320 Closing

Daily Full chart as per Available Data

The low in the year 2013 was around 330 and the same has been tested.

Positive divergence has resume on indicators like RSI but trend still is down.

Resistance will be at 374 and 389.

On fall and close below 320 expect a slide to continue.

Conclusion
Down trend is in progress and will remain till reversal is not witnessed.