Technical: Mumbai Toor Lemon –Accumulate

Dated 03/01/2019

Mumbai Toor Lemon –Pigeon Pea- Last Close-4537- Accumulate

Expect the pullback rally to come into existence of the fall from 14900 to 3050.

The pull back retracement level is at 5860.

Support is at 4250.

Correction of the recent rise will resume below 4250.

Resistance will be at 4600.

On sustained rise and close above 4600 expect a rally towards 5860.




Conclusion

Accumulate as long as 4250 is not violated for 5860.