Dated 10/04/2017
WHEAT SPOT DELHI- Last Close-1750 – Down Move Continues
Monthly Chart
The support of 1810 was violated.
Expect lower range of 1650-1600 to be tested.
Reversal is above 1804 closing.
Conclusion
Down move resume after a brief pause for pullback and expect a slide to 1650-1600 in near term.