Dated 14/08/2018
Mumbai Matar Canada - Last Close- : 4351- Minor Correction For Consolidation
After a blow off rise, Matar prices may see minor correction towards averages-3863 and 3593.
Resistance will be at 4300.
Further rise is above 4300. In the event of a sustains rise above 4400 then expect spike to 5870.
Currently, price may correct towards averages first.
Conclusion
Accumulate on correction to averages or below.
Averages are at 3863-3593.
Profit booking pressure could be seen at current level till 4400 is not crossed.
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