Technical: Moong Green Peas Jaipur Spot : Expect Consolidation Before Up Move
Moong Green Peas Jaipur- Last Close 4900
Trend line breakout has been witnessed and now need to sustain above the current price of 4900.
Prices are above the average which shows up trend.
The 55 VA is above 89 VA therefore bull market appears to begin.
Expect a near term rise to 5500.
Averages are placed at 4900-4840
Conclusion
Correction to 4800-4814 is for accumulation.
Breakout and close above 5200 will confirm the reversal for a rally.
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