Dated 25/07/2017
Castor Seed Deesa- Last Close (Mean)- last close-: 4315 - Expect Near term rise
Monthly Chart
In our last update, we have indicated about the correction towards DRV-3922. The low register in last couple of months is 3963 and closed at 4315 as on 21/07/2017.
Expect up move in near term to short term towards 4450-4705.
Correction is complete and consolidation between 4965 and 3963 is likely to be seen in time to come.
Momentary bias is to test higher range.
Conclusion
Correction appears to be complete and expect rise to 4450-4705.