Technical: Dhaniya Kota - Down Movement Restored

Dated 25/04/2017

DHANIYA KOTA- Last Close-24/04/17-7377- : Down Movement Restored

Monthly Chart

Lower top and lower bottom is in progress.

Pullback is halted and the recent low of 6276 to be under pressure.


Upside movement will restore on rise and close above 7500.

Expect 6276 and 5505 to be tested if 7500 is immediate not crossed on closing.

Conclusion

Down movement restores back therefore exit long till 7500 is not crossed.