Dated 25/04/2018
RBD PALMOLIEN KANDLA- Last Close- 718: Overall rally is likely with correction
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Expect a rally to 900 in time to come.
Accumulate on correction to 55 VA and 89 VA as the opportunity arises.
The averages 55 VA and 89 VA are placed at 661 and 638.
Support will be at the earlier breakout point of 670-655 and at the averages of 661 and 638.
Conclusion
A sustained bull market for near term to short term is likely.
A rally towards 900 is likely in short to medium term.
Accumulate on correction to averages.
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