Technical: Jeera Unjha - Expect Slide Towards 14000 With Volatility

Dated 24/05/2018

JEERA UNJHA - Last Close - 16050 : Expect Slide Towards 14000 With Volatility



Rising wedge breakdown has been witnessed and slide is already being witnessed.

Expect 14000 level to be tested at least in near term.

Resistance will be at 16500 and 17140.

Pullback rise can be witnessed if sustains above the resistance.

Conclusion
Deeper correction and down trend is likely to be towards 140000 from current price of 16050.

Rise is to resistance level is to exit long position as drift down to 14000 is likely.