Dated : 06/04/2019
Cotton 1 Bales Rajkot- Last Close-22350 Up Trend Has Resumed
Attempt of Swing bottom has been witnessed in last 1 month and last fortnight was a follow up rise to the swing bottom seen 2 fortnights back.
Expect a rally to 23100-23720.
Support will be at 21670-21550.
Down movement can resume below 21550.
Weakness and further correction continues below 21550.
Conclusion
Expect a near term rise towards 2310-23720 with volatility.