Dated 24/08/2017
MUMBAI TOOR LEMON- last close 23/08/2017- 4275: Reversal witnessed
Monthly Chart
Reversal has been witnessed and rise for pullback on monthly chart to 5072 is likely from current level of 4275.
Support will be at 4000-3600.
Swing bottom is at 3050 and correction down to support is for accumulation.
Consolidation at lower range can happen.
Conclusion
Last update, we had indicated that swing can turn up above 3950.
A rise above 3950 was witnessed and high registered till date is 4400.
Expect 5072 to be tested in near term to short term.