Technical: Dhaniya Kota : Down Trend Likely Continue

Dated 11/06/2018

DHANIYA KOTA - Last Close-4829: Down trend likely continue



The last bottom of 4728 is likely to be tested.

Long position traders can look for rise to exit long to resistance of 5244 and 5435.

Revers is above the 55VA and 89 VA which are at 5244 and 5435 respectively.

Till reversal is not witnessed objective remains to exit long position.

Conclusion
Down trend continues therefore objective remains to exit long.