Dated 19/01/2017
Castor Seed Deesa- Last Close-3705 -04/01/2017: Breakout Witnessed
Expect a rally towards 4390 as a result of the trend line breakout that is being witnessed.
Overall weakness will resume below 3575.
Correction to 3811-3668 can be for accumulation.
Conclusion
Breakout has been witnessed.
Accumulate on correction if any.
Expect a rally to 4390 in near term with volatility from current mean level of 3905.