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Technical: Turmeric Nizambad-Correction/Sideways Volatility Continues

10 Sep 2018 8:27 am
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Dated - 10/09/2018

Turmeric Nizambad- Last Close- 6909 - Correction/Sideways Volatility Continues

Contraction and sideways movement continued in last fortnight.

Next directional movement is outside the band 7430 to 6500.

Trend line breakout has not yet been witnessed .

Expect minor correction towards 6700 but must remain above 6500.

Breakout and sustained rise above 7800 is essential to set a rally.





Conclusion

Accumulate at on correction towards the support of 6700 as near term breakout could be witnessed.


       
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