Dated 17/04/2018
Lentil (Masoor) - Canda Crimson – Last Close 3600 - Accumulate At Lower Range
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A rise above the averages 55 VA and 89 VA has been witnessed.
55 VA is placed at 3479 and 89 VA is at 3499.
Support may be seen at the averages.
Further rise is above 3800-3900.
A rise and close above 3900 can mark a reversal.
Support is at 3300-3100.
Downside momentum will continue below 3100.
A rise and close above 3900 can set a near term rally towards 4300-4700.
Conclusion
Accumulate at lower levels 3500-3400 and 3100 and add if breakout above 3900 is witnessed.
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