Technical: Moong Jaipur - Sideways Movement Is Being Witnessed

Dated 20/06/2018

Moong Jaipur- Last Close-4900 - Sideways Movement Is Being Witnessed



Resistance is at 51000-5200.

Sideways movement is being witnessed.

Support is at 4800, 4400 and 4000.

Expect selling to be witnessed unless 5200 is crossed immediately.

Conclusion
Breakout essential above 5200 for near term rally.

Expect lower level to be witnessed and selling to be undertaken on rise till 5200 is not crossed.