Technical: Cotton Seed Kadi : Sideways consolidation



Technical: Cotton Seed Kadi : Sideways consolidation

22 Mar 2017 12:18 pm

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Dated 22/03/2017

Cotton Seed Gujarat Kadi- Last Close (Mean)- 21/03/2017- 497.5: Sideways consolidation

Monthly Chart

Correction and consolidation of the rise from 455 to 545 is being witnessed.

Lower range of 480-455 is likely to be tested before making attempts to move higher.

Breakdown is below 455 closing. Upside breakout is above 545.

Conclusion

Consolidation between 484-455 can be seen before moving higher above 545.

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