Dated 19/06/2018
Chickpea (Chana)- Indore- Kabuli 42-44 Count - Last close-5650 - Further weakness is below 5500
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Trend remains down.
Further weakness is below 5550.
Resistance is at 5850-5950.
A rise and close above 5950 can mark a price reversal for pullback towards averages.
Averages are placed at8028 and 9124.
Reversal attempts could be seen unless sustained fall below 550 is witnessed.
Conclusion
Expect support at current level to 5700 for minor pullback.
Downside momentum can continue below 5700.
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