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TECHNICAL: Dhania Kota - Down Trend Continues

11 Jul 2017 10:49 am
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Dated 10/07/2017
DHANIYA KOTA- Last Close- - 5191 - : Down trend continues

Monthly Chart


Further weakness will continue below 5098.

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

Pullback reversal is above 5470 closing.

Conclusion
Trend still down and till 5470 is not crossed bias remains to move below 5098. Expect selling to continue below 5098. Subsequently expect 455-4100 to be tested.

       
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