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Technical : Mustard Oil Kachhi Ghani Jaipur Spot : Expect Consolidation At Lower Levels

20 Feb 2018 12:44 pm
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Dated 20/02/2018


Technical : Mustard Oil Kachhi Ghani Jaipur Spot : Expect Consolidation At Lower Levels

Mustard Oil Kaachi Gani- last close- 786



Sideways movement and oscillation around the averages has been witnessed.

Retracement levels are placed at 782-768-751.

Retracement levels can be tested before moving higher.

Upside momentum can be restored on breakout and close above 835.

Conclusion

Correction towards retracement levels of 782-768-751 can be for accumulation.

Further rally can resume on breakout above 835.

       
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