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Technical : Mumbai Matar Canada Spot : Support Under Pressure

21 Sep 2017 11:17 am
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Dated 20/09/2017


Technical : Mumbai Matar Canada Spot : Support Under Pressure

MUMBAI MATAR CANNADA - Last Close- : 2151 - Support under pressure
Weekly Chart The last low was at 2121.

Further weakness if sharp fall below 2120 is witnessed.

Stochastic is in oversold zone and sustained fall below 2120 will extend the slide to 1934.

If the reversal or pullback has to happen then could be from current level and must cross above 2201 to create reversal.

Trend is down and support will be under pressure at 2121.

Conclusion
Support of 2121 is under pressure.

       
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