Dated 28/02/2017
MUSTARD SEED JAIPUR- Last Close-28/02/2017-3800: Breakdown witnessed
(Monthly Chart)
Breakdown below 4000 was witnessed.
As indicated in last update that fall below 4000 could lead to a slide to 3810-3640 and 3350-3420.
The low registered till now is 3800.
Expect the support level of 3810-3640 and 3350-3420 to be tested with volatility.
Reversal can resume if sustains above 4300.
Overall till 4300 is not crossed objective remains to exit long.
Conclusion
Breakdown witnessed therefore expect 3810-3640 and 3350-3420 to be tested.