Technical: Chana Desi Indore - Near Term Reversal Possible



Technical: Chana Desi Indore - Near Term Reversal Possible

17 May 2018 3:29 pm

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Dated – 17/05/2018
CHANA- Chickpeas Indore - Last Close : 3650 - Near Term Reversal Possible

Near term reversal appears to be shaping up for pullback towards averages.

The averages 55VA and 89 VA are placed at 4071 and 4500.

Overall trend is down and further weakness is below 3340.

Conclusion
Near term reversal likely towards 4071 and 4500 till 3340 is not violated.

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