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Technical : Tur Pigeon Peas Akola Spot : Down Trend Still In Progress

12 Mar 2018 12:20 pm
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Dated 12/03/2018


Technical : Tur Pigeon Peas Akola Spot : Down Trend Still In Progress

Tur Bilty Pigeon Pea- last close-4262



Price are below the averages and 55 VA is below 89 VA.

The down trend and bear market is in progress.

Up trend can resume on rise and close above 4675.

Resistance will be a 4600-4625.

Support will be at 4037-3900.

Conclusion

Dow trend is in progress therefore objective remains to exit long till reversal for up trend is not witnessed.



       
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