Dated 15/12/2017
Soya Oil Indore - Last Close - 720 - Minor Correction Before Next Wave Of Rally
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Price is above averages and 55 VA is above 89 VA indicating the the bull market.
On the upside expect 730-735 at least.
Resistance already witnessed at higher range of 730-735.
Correction towards average could be happening for Wave ii of Wave C.
Averages are placed at 683-669.
Further rally can continue above 740.
Conclusion
Further rally is above 740 closing.
Accumulate at averages can be undertaken as when the opportunity arises.
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