Technical: Chana Chickpea Indore Spot : Near Term Reversal Above 4000 23 Feb 2018 11:40 am   0 Comments  |   Post Comment  |  Font Size A A A  Dated – 22/02/2018 Technical: Chana Chickpea Indore Spot : Near Term Reversal Above 4000 CHANA- Chickpea Indore : Last Close 3925 Trend is down as prices are below both the average and falling. The 55 VA is below 89 VA indicating a bear market and rise to averages will provide resistance till composition is bearish. Resistance is at 4000. Support is at 3800-3600. A rise and close above 4000 can trigger a pullback toward the averages which are placed at 4539 and 4933. Conclusion Pullback or reversal attempt can resume above 4000. Downside movement continues below 3600. Attempt to consolidate at current level could be witnessed.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Mumbai Masur Canada Crimson Container Weak Price Trend... Canadian Lentil Prices Hit Record Highs, Outlook Remain... more Top 5 News US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Top 5 Market Commentary Market Wise Urad Arrivals: Supply Up By 3.99% Against P... ICE/ZCE Daily Rates Update ( Time: 20:01 ) - 25 APRL 2... Market Wise Tur Arrivals: Supply Up By 4.92% Against Pr... DCE Daily Rates Update ( Time: 20:15 ) - 25 APRL 2024 Market Wise Moong Arrivals: Supply Down By -0.48% Again...