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Technical: Lentil (Masoor) - Canada Crimson Accumulate on correction

22 Jan 2019 3:40 pm
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Dated 22/1/2019

Lentil (Masoor) - Canada Crimson – Last Close 4250– Accumulate on correction

Resistance of 4000 was crossed in last fortnight.

The close was at 4250.

Expect a rise towards the retracement levels of 4781-5204-5594.

Support will be at 4083-3866-3700.



Conclusion

Accumulate at support of 4083-3700 as the opportunity arises.

Breakout above 4000 has been witnessed therefore accumulate on correction to support.

Further rise is above 4300. Add long position above 4300 for 4781 or above.


       
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