Dated 10/08/2017
Lentil (Masoor) - Canada Crimson – last close 3412.50: Consolidation to be witnessed
Weekly Chart
.png)
Reversal bounce has been witnessed from the demand zone of 3250-3075.
Low registered in last fortnight was 3000 and closed at 3412.
This suggests that near term swing bottom is in place and pullback towards DRV -3760 could be witnessed.
Expect consolidation henceforth this 3000 is now violated.
Trend is still down but signs of reversal could develop.
Conclusion
Expect consolidation till 3000 is not violated.
0 Comments 
Post Comment 
