Technical: Mustard Oil Kaachi Gani Jaipur- Lower Prices To Be Seen

Dated 27/06/2017

Monthly Chart

Support of 692 is likely to be tested and recovery from the same cannot be ruled out.


Further downside momentum will continue if fall and close below 692 is witnessed.

Near term reversal can resume if close is above 731.

Reversal can be a pullback within overall down trend to test the lower top and DRV.

The lower top is at 765 and DRV at 799.

Conclusion

Expect 692 to be tested.