Technical: Dhaniya Kota - Down Trend Continue

Dated 22/06/2017

DHANIYA KOTA- Last Close-21/06/17- 5296 - : Down trend continues

Monthly Chart

Further weakness will continue below 5098.

On fall and close below 5098 the slide will continue towards 4550-4100.

Resistance will be at 5500-5900.

Conclusion

Minor pullback towards resistance is possible.

Trend is still down. Lower levels are likely to be tested with volatility.

Further weakness is below 5098.

Expect selling to continue below 5098.