Technical: Lemon Toor Mumbai- Accumulate

Dated 07/08/2017

MUMBAI TOOR LEMON- last close--07/08/17-3850: Accumulate

Monthly Chart

Swing bottom appears to be in place and expect a near term rally towards 5331 from current level of 3850.

Support will be at 3683-3516.

Swing bottom is at the recent low of 3050.

The demand zone was 3051-2725 and low of swing bottom as 3050.

Conclusion

Accumulate at support for near term rally.