Plantatins Index (PLT) will take support within 897 and 955 Points

Did you know that the beginning of the Plantations rally had started in December 2016? (infact there had been a trend reversal that had happened way back in April '16 too) Thereafter it had consolidated in June 2017. Once again the Trend continuation had resumed in July. So now what?
Another consolidation. I expect this consolidation and trend reversal to bring the index down to a channel between 897 and 955 points. If the plantation index is retracing then obviously the stocks in it will retrace too. I expect the Tea Average Prices to come down. along with that the profitability of the Companies.. But the averages will be healthy for companies to show consistent profits YoY.  The growth effects will help the Stock prices also to fluctuate tremendously. Therefore you will have regular trading opportunities. However please have strict Money Management Strategies when trading the Plantations. Talk to your Broker for the suitable money management strategies. If you do not get any help,feel free to talk to me.