Technical : Turmeric Nizamabad Spot : Correction Before Breakout Is Possible 27 Jan 2018 2:52 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated - 29/01/2018 Technical : Turmeric Nizamabad Spot : Correction Before Breakout Is Possible TURMERIC Nizamabad- Last Close : 7550 Trend is up as closing is above the 55 VA and 89 VA. The 55 VA is above 89 VA which suggest bull market in progress and the same will be confirmed if breakout on sustained basis above 7900 is witnessed. Support will be at 55 VA and 89 VA which is placed at 7432 and 7306. Wave (e) retracement levels of Wave (d) are 7286-6940-6675-6358. Breakout and close above 7900 with bullish candle can lead to a rally to 9385. Conclusion Breakout and close above 7900 is essential for upside momentum. Lower correction to averages and retracement are for accumulation.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Guntur Red Chilli (Teja) — Trending Higher / Next Res... Statewise Area/Production of Pepper Statewise Area/Production of Chilli Statewise Area/Production of Dhaniya (Coriander) Statewise Area/Production of Jeera (Cumind Seed) more Top 5 News Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Top 5 Market Commentary ZCE Cotton And Yarn Evening Closing - 26 Apr 2024 DCE Oil Complex Evening Closing - 26 Apr 2024 DCE Daily Rates Update ( Time: 20:19 ) - 26 APRL 2024 ICE/ZCE Daily Rates Update ( Time: 20:18 ) - 26 APRL 2... Market Wise Urad Arrivals: Supply Down By -15.07% Again...