Technical: Lentil (Masoor) - Canada Crimson-Sideways Down Corrective Movement

Dated 15/10/2018

Lentil (Masoor) - Canada Crimson – Last Close 3700 – Sideways Down Corrective Movement

Breakout and close above 3800 is essential for near term to short term rally.

Swing are seen in the band of 3800 to 3300.

Support is at 3550, 3300 and 3200.

If breakout above 3400 is not witnessed in near term then expect correction towards support levels.



Conclusion

Breakout essential for near term rally to be witnessed.