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Technical: Canadian Matar Mumbai Spot: Rise To Continue With Volatility

13 Mar 2018 3:28 pm
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Dated 13/03/2018


Technical: Canadian Matar Mumbai Spot: Rise To Continue With Volatility

MUMBAI MATAR CANNADA - Last Close: 2841



Correction towards the averages can be witnessed.

The 55VA and 89 VA are placed at 2692 and 2595.

Correction to averages could be seen before moving higher.

Bull market is in place for Matar.

Further rise is above 2961.

On sustained rise and close above 2961 expect a rally to extend towards 3150 or above.

Conclusion

Accumulate on correction if any to averages 2692 and 2595 or below if the opportunity arises.

Bull market rise is in place for 3150 or above.



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