Technical : Mustard Cake Jaipur Spot : Expect Consolidation At Retracement Levels 20 Jan 2018 4:18 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 19/01/2018 Technical : Mustard Cake Jaipur Spot : Expect Consolidation At Retracement Levels MUSTARD CAKE- Last Close 1725 Price is above both the averages 55VA and 89 VA. But 55VA is below 89 VA therefore the rise is yet to turn into a bull market rise. Correction towards the average can be witnessed which is at 1737 and 1738. Further rise is above 1800. Retracement levels are placed at 1715, 1686 and 1664. Further rally is above 1805. Conclusion Expect correction towards the retracement of 1715-1686-1664 to be tested before moving higher. Accumulate at replacements.   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 US Cotton net export sales for April 12-18 at 177,100 R... Weekly: ICE cotton futures extend decline; no respite f... Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... US cotton net export sales for April 5-11 at 146,100 RB... Weekly: ICE cotton futures post extend fall for sixth s... 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 ZCE Cotton And Yarn Evening Closing - 26 Apr 2024 DCE Oil Complex Evening Closing - 26 Apr 2024 DCE Daily Rates Update ( Time: 20:19 ) - 26 APRL 2024 ICE/ZCE Daily Rates Update ( Time: 20:18 ) - 26 APRL 2... Market Wise Urad Arrivals: Supply Down By -15.07% Again...