Technical: Mumbai Lemon Tur-Support/Consolidation At Lower Rang

Dated 07/07/2018

Mumbai Lemon Tur- Last Close-3550 - Support/Consolidation At Lower Range

Trend is still down and sideways.

Resistance is at 3639 and 3756.

Lower top resistance is at 4120.

Breakout above the resistance can resume a rally.

Support of 3100-2800 is the base.

Downside could be limited to 3100-2800.

Reversal could be happening shortly

Conclusion

Breakout above the resistance can bring about a reversal and new rally.

Support and consolidation could be seen at lower level of 3100-2800.