Dated 08/03/2017
CHILLI GUNTUR- last close-7/03/2017-6300: Trend still down
Monthly Chart
Wave a of larger degree Wave B is in progress which may end at current level or at 4864.
Support points can be 6096-5736-4864 which can be the likely point for the halt to the fall.
Trend is still down.
Reversal process can resume if sustains above 7020.
Conclusion
Expect Lower Range To Be Tested