Dated 28/04/2017
MUSTARD SEED JAIPUR- Last Close-27/04/2017-3785: Trend is still down
Monthly Chart
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Expect slide towards 3640, 3420 and 3350 in near term to short term with volatility.
Resistance will be at 3865-3945-4100.
Exit long and sell on rise till 4100 is not crossed.
Accumulate at 3420-3350 as the opportunity arises.
Conclusion
Trend is down objective remains to exit long as lower range is likely to be tested with volatility.
Sideways movement is likely for consolidation/distribution and till then trend is down/ prices are below 4100, sideways movement can be more for distribution.
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