Dated 19/04/2017
Lentil (Masoor) - Canda Crimson – last close-4075- 17/04/2017- Down move continues
Weekly Chart
Pullback to DRV was witnessed that is the pink line on the chart and resume back the down trend.
Support will be at 3850-3750.
Further rise is above 4600.
Conclusion
Exit long on rise till 4600 is not crossed. Accumulate at 3850 or below and downside momentum is below 3700 therefore exit all long if any below 3700. Near term rise towards higher range of 4300-4600 is to exit long position.