Technical : Castor seed Deesa Spot : Correction Is In Progress 22 Mar 2018 5:32 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 22/03/2018 Technical : Castor seed Deesa Spot : Correction Is In Progress Castor Seed Deesa- Last Close (Mean)- Last Close-: 4100 Correction that is being witnessed currently is for Wave 2 of Wave (c) or Wave b of Wave (e). Retracement levels are being tested which are at 3890 and 3649. Once the current confirmation of correction is complete expect a rally to 5660-6120. The view for medium to long term is for higher price unless sharp fall and close below 3650 is witnessed. Conclusion Long term trend appears to be up and correction in near term to short term appears to be opportunity for accumulation. Physical may accumulate at lower prices and rally with volatility of higher top and higher bottom formation is likely to be in place.   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 US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... Mumbai Black Matpe (Urad) Trending Higher / Next Resis... Top 5 Market Commentary ZCE Cotton And Yarn Evening Closing - 18 Apr 2024 DCE Oil Complex Evening Closing - 18 Apr 2024 Clove Prices Hold Steady Across Key Markets Domestic Pepper Prices Dip Slightly; Stability in Vietn... Small Cardamom Prices Maintain Upward Trend; Arrivals S...