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Castor Seed Deesa

There is an additional contract for Castor seed on Ncdex called Deesa that is at 4500. The chart is interesting. The entire 2011-2018 pattern is that of a triangle. And wave E is a wedge, so mostly complete. What has started then is a new wave that will first test the upper line at 4800 and if we can sustain above 4800 then trend channel projections are for 7000 or higher. Triangles are powerful patterns in commodities so we must pay attention.

castor 190718a

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Rohit Srivastava: ' Indiacharts® is a live update of my market analysis for public reading. My views are based on my understanding of the markets after years of such analysis, since 1991. MORE ABOUT ME 


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