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Technical: Lentil (Masoor) - Canada Crimson - Another Consolidation Before Next Breakout

10 Jul 2018 4:27 pm
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Report Date 10/07/2018

Lentil (Masoor) - Canada Crimson – Last Close 3750- Another Consolidation Before Next Breakout




Trend line breakout has been witnessed.

Further follow up rise and close above 4000 can confirm the rally towards 4500-4700.

Support will emerge from the averages which are at 3551.

Consolidation around the average can be witnessed.

Conclusion

Follow up to breakout can lead to a rally towards 4500-4700. Consolidation could be seen from current level to 3500.


       
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