Technical: Mumbai Matar- Near Term Reversal Above 2501 21 Feb 2017 11:12 am   0 Comments  |   Post Comment  |  Font Size A A A  Dated 21/2/2017 MUMBAI MATAR CANNADA - last close- 18/02/2017- Near term reversal above 2501 (Weekly Chart) Near term reversal for down trend to uptrend can be witnessed on sustained rise and close above 2501. Expect resistance around 2501. Support is at 2381-2311. A fall and close below 2300 can lead to a slide to test back the low of 2131. Overall fall will continue if sustains above 2131. Support will be around 2301-2200. Up trend could be witnessed if sustains above DRV-2523 as shown for near term to short term. Conclusion Up Trend is above 2301 closing. Weakness for down trend will continue below 2380 closing.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mustard Oil (Jaipur) Trending Lower / Next Support at ... Soy Refined Oil (Indore) Trading Near Key Resistance (... US soybean net sales for April 5-11 at 485,800 MT, up 5... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... more Top 5 News Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mumbai Masur Canada Crimson Container Weak Price Trend... Mustard Oil (Jaipur) Trending Lower / Next Support at ... Weekly: ICE cotton futures extend decline; no respite f... Top 5 Market Commentary Solapur Pulse Market: Tur Prices Steady; Mill Quality C... Oil Complex Daily Report 24-4-24 NCDEX Stock position of commodities at NCCL approved wa... Market Snapshot MCX - NCDEX Global equity/currency market update: Stocks in Asia ri...