Technical : Urad FAQ Mumbai Spot : Consolidation Being Witnessed 20 Sep 2017 12:30 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 20/09/2017 Technical : Urad FAQ Mumbai Spot : Consolidation Being Witnessed URAD FAQ MUMBAI- Last Close-4700(16 Sep) : Consolidation being witnessed Weekly Chart Consolidation is in progress before moving higher above 4425. Accumulation could be undertaken as long as the swing bottom low of 3500 is not violated. Support will be at 3850 and consolidation can happen around 3850. In the event of a sustained rise and close above 5050 expect a rally to 5244 at least and may extend to 6392. Conclusion Accumulate at current level of 4700 or below. Expect 5050-5244 to be tested in due course of time with volatility.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mustard Oil (Jaipur) Trending Lower / Next Support at ... Soy Refined Oil (Indore) Trading Near Key Resistance (... US soybean net sales for April 5-11 at 485,800 MT, up 5... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... more Top 5 News Black Matpe Polished (AP) Consolidating Above Key Supp... Black Matpe Unpolished (AP) Consolidating in an Uptren... Akola Pigeon Pea (Tur) Desi Bilty Trending Higher / Ne... Castor Oil (Kadi) Weak Price Trend / Next Support at R... Mumbai Masur Canada Crimson Container Weak Price Trend... Top 5 Market Commentary Cotton Prices Remain Consistent in Maharashtra Amid Gin... Cotton Prices Remain Unchanged in Madhya Pradesh Amid I... Cotton Arrivals Dip in Gujarat Amid Elections, Prices H... ZCE Cotton and Yarn Mid-Day 25 Apr 2024 DCE Oil Complex Mid-Day Closing 25 Apr 2024