Technical: Soybean Indore - Correction Is In Progress

Dated 15/05/2018
SOYA BEAN INDORE – Last Close 3500 - Correction is in progress


Wave ii appears to be in progress for retracement of the rise from 2200 to 3800.

Expect support at the averages which are at 3390 and 3287.

Further rise can continue above 3800.

Conclusion
Correction is being witnessed to 3390 and 3287.

Accumulate at correction to the averages.