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 Russia's Wheat Reserves Hit Record Highs Amid Stalled E... International Grains Council Boosts 2023/24 Global Corn... Russia Reduces Wheat, Corn Export Taxes; Bans Durum Whe... USDA attache lowers India 2023/24 rice production forec... India Allows 95,000 MT Rice Export to Nepal more Top 5 News Mumbai Black Matpe (Urad) Trending Higher / Next Resis... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex... Weekly: ICE raw sugar records loss for second week in a... Top 5 Market Commentary Gujrat Summer Sowing Up 4.19 15 Apr 2024 Citi Sees Gold Surging to $3,000 per Ounce in Coming Mo... China''s Aluminum Production Surges on Increased Demand... Stability Persists in Lower Rajasthan Cotton Market Ami... Non-Ferrous Metals Slide on Dollar Surge, Fading Rate C...