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.