Technical : Moong Jaipur Spot : Critical Support Is At 4000 21 Sep 2017 11:20 am   0 Comments  |   Post Comment  |  Font Size A A A  Dated 20/08/2017 Technical : Moong Jaipur Spot : Critical Support Is At 4000 Moong/Green Peas Jaipur- Last Close: 4500: Critical support is at 4000 Weekly Chart Swing bottom has been formed. Further weakness is below 4000. Resistance is at 4700-5200. A breakout and close above 5200 will mark a reversal and positive divergence confirmation on MACD will be seen. Stochastic is in oversold zone. Expect support and consolidation at 4400-4000. As long as 4000 is not violated consolidation could be in progress. Breakdown will be if strong close below 4000 is witnessed. Current trend is sideways and is oscillating around the DRV. Conclusion Consolidation could be happening at lower level till 4000 is not violated.   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 Desi Moong (Jaipur) Inflection Point: Retesting Key Re... 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... Mumbai Masur Canada Crimson Container Weak Price Trend... more Top 5 News Desi Moong (Jaipur) Inflection Point: Retesting Key Re... Rajkot Groundnut Oil Loose Correction Underway / Next ... US Cotton net export sales for April 12-18 at 177,100 R... US soybean net sales for April 12-18 at 210,900 MT, dow... Black Matpe Polished (AP) Consolidating Above Key Supp... Top 5 Market Commentary DCE Daily Rates Update ( Time: 19:19 ) - 26 APRL 2024 ICE/ZCE Daily Rates Update ( Time: 19:18 ) - 26 APRL 2... Market Wise Urad Arrivals: Supply Down By -15.07% Again... Market Wise Tur Arrivals: Supply Down By -14.07% Agains... TUR