Dated 21/09/2018
Moong/Green Peas Jaipur- Last Close 4800- Sideways Movement Is Being Witnessed
The view as mentioned in previous update remains same and price are same. It has moved sideways in horizontal phase.
Lower levels may be tested before moving higher.
Averages are flat and horizontal indicating sideways behaviour
Resistance is at 5200 and 5500.
Sideways movement is being witnessed.
Support is at 4700, 4362 and 4000.
Conclusion
Sideways volatility is being witnessed.
Breakout and close above 5500 is essential in time to come to set rising prices.
Wider band of movement 5500 and 4000.
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