Technical: Cotton Bales Rajkot - Correction below 20200



Technical: Cotton Bales Rajkot - Correction below 20200

5 Jun 2017 11:52 am

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Dated 5/06/2017

COTTON BALES – Rajkot - Last Close - 20420 – Correction below 20200

Monthly Chart

Correction can continue below 20200.

Upside movement can resume above 21070.

Conclusion

Movement is likely to be between 20200 and 21070 in near term.

Next directional movement is outside the band 20200-21070.

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