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Technical: Wheat Delhi Spot: Expect consolidation At Lower Range
20 Mar 2018 4:36 pm
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Dated 20/03/2018


Technical: Wheat Delhi Spot: Expect consolidation At Lower Range

WHEAT Delhi Spot, Last Close 1780


Trend line breakdown is being witnessed.

Further weakness is below 1760.

A fall and close below 1760 can lead to 1725.

A rise and close above 1800 can mark a reversal.

Conclusion

Sideways correction movement is in progress.

Wave (c) could end around 1725 if fall below 1760 is witnessed.

       
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