TECHNICAL:Mumbai Matar Canada - Expect The Rise To Continue Volatility

Dated 11/02/2019

Mumbai Matar Canada - Last Close- : 4850 Expect The Rise To Continue Volatility

The view mentioned in previous update remains the same.

Trend is up with higher top and higher bottom formation.

Expect a rally in near term 6000.

Support will be at 4795-4690-4550.




Conclusion

Accumulate an correction as rally towards 6000 is possible with volatility and minor correction.

As long as 4500 is not violated correction to 4795-4690 can be for accumulation.