Technical: Chickpea (Chana) Indore - Expect Near Term Pullback Rally Above 4700



Technical: Chickpea (Chana) Indore - Expect Near Term Pullback Rally Above 4700

8 Feb 2019 4:03 pm

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Dated 19/01/2019

Chickpea (Chana) Indore - Last Close-4300- Expect Near Term Pullback Rally Above 4700

The view mentioned in last update remains the same for the next fortnight.

Support will be at 4300-4250.

Resistance will be at 4475-4700.

On rise above 4700 expect a rally towards 5141 and 6250.

Conclusion

Accumulate at support of 4300-4250. Add further long position as a trend would gather upside momentum if sustains above 4700 towards 5141-6250.

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