NCDEX Wheat Apr Short Term Bullish

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Posted by : Karan Hakim on | Mar 24,2015

NCDEX Wheat Apr Short Term Bullish

We maintain our bullish view in Wheat as prices are in an uptrend since the past six months forming higher tops and higher bottoms within the channel (R-S). Prices have given close above short term moving average recently indicating bullish momentum in short term too. we expect prices to trade higher for the target of Rs. 1525/50.

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