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Technical:Chana- Chickpeas Indore -Attempt Of Near Term Reversal

22 Sep 2018 3:52 pm
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Dated – 24/09/2018

Chana- Chickpeas Indore - Last Close : 4000- Attempt Of Near Term Reversal

The view remains the same as not much change in price have happened over the last update.

Resistance is at 4003 , 4215 and 4450.

Support is at 3700-3400.

Correction to support could be support bottom to eventually cross 4500.

Breakout and close above 4500 is essential.



Conclusion

Breakout above the resistance of 4500 is essential to set a rally.

Accumulate at support of 3700-3400 as the opportunity arises.

Alternatively buy of breakout above 4500 is witnessed.


       
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