Technical: Black Garbled Kochi - Exit Long On Pullback

Dated 12/01/2018

Black Pepper-Garbled Kochi- Last Close-474- Exit Long On The Pullback



Trend is down as prices are below the averages.

The 55 VA is below 89 VA indicating a bear market.

Exit long till the recent peak of 474 is not crossed.

Expect 405 to be tested in due course of time till 474 is not crossed.

If 405 is not violated then expect consolidation above 405.

Conclusion
Exit long on the rise