Technical: Pigeon Pea (Tur) Akola Bilty-Accumulate

Dated 13/12/2018

Pigeon Pea (Tur) Akola Bilty last close-4512 - – Accumulate

Breakout attempt was witnessed above 4650 but prices reacted down from high of 5050 to 4512.

A failed breakout was witnessed and will have to consolidate again at the support.

Support will be at 4250-4235.

Consolidation around 4250-4235 can be witnessed.

Further rally is above 5050 closing.




Conclusion

Accumulation at support of 4250-4235.