Technical: Wheat Delhi- Correction In Progress

Dated 10/02/2017

WHEAT SPOT DELHI- Last Close-1964 -10/02/2017– Correction in progress

(Monthly Chart)

Wave iv correction is being witnessed which may test 1900-1838.

Resistance is at higher range of 2005-2200.

Support will be at 2123-2074.

Once Wave iv is complete rise to Wave v could be seen Wave v can test back 2391.

Conclusion

Correction is in progress