Dated 19/03/2019
Mumbai Matar Canada - Last Close- : 4412: Correction For Near Term
Correction will be seen in near term to be witnessed.
Retracement levels are placed at 3871-3539-3171.
Support will be at 4294-4150.
A fall and close below 4150 can show a decline to retracement level.
Resistance will be at 4650-5000.
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Conclusion
For near term exit long on rise from 4412 to 5000 as the opportunity arises.
Re-enter long above 5000 as the opportunity arises.
Accumulate an correction as rally towards 3871-3530-3171 is possible with volatility and minor correction.
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