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Technical : Mumbai Lemon Tur Spot : Attempting To Breakout

23 Feb 2018 11:47 am
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Dated 22/02/2018


Technical : Mumbai Lemon Tur Spot : Attempting To Breakout

MUMBAI TOOR LEMON- Last Close: 4125






Sideways consolidation already been witnessed.

Attempt of trend line breakout is likely to happen.

Resistance is at 4150-4200.

On sustained rise above 4200 expect a breakout rise towards 4400-4550.

Expect near term rise towards 4400.

Support will be at 3850-3800.

Conclusion

Expect attempt of reversal in near term.
Consolidation at lower level is likely to happen.

Near term rally is likely if breakout is witnessed.

       
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