Technical: Chickpea (Chana)- Movement In Wider Band

Dated 16/03/2019

Chickpea (Chana)- Last Close-4050- Movement In Wider Band 4700 To 3350

Resistance is at 4325-4700.

Support will be at 3850..

Further correction is below 3850 but resistance remains at higher range.

Breakout and close above 4700 is required and till then rise to higher range is to exit long position.

Overall sideways volatility is being witnessed in wider band of 4700 to 3350.

Conclusion

Sideways volatility continues. Higher range is to exit long position whereas lower range can attract support and buying.

Wider band of movement is 3350 to 4700.