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Technical : Mustard Seeds Jaipur Spot : Consolidation Is Likely To Be Seen

20 Feb 2018 12:16 pm
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Dated 20/02/2018


Technical : Mustard Seeds Jaipur Spot : Consolidation Is Likely To Be Seen

MUSTARD SEED JAIPUR- Last Close- - : 4110



Correction towards 4000-3900 is likely.

Resistance will be at 4205.

Breakout above 4205 can show a rally.

Price are around the averages so new trend not established.

The averages are placed at 4060 and 4055.

Sideways movement and oscillation around the averages could be witnessed.

Conclusion

Correction to 4000-3900 can be for accumulation. Currently trend is sideways with down bias unless breakout and close above 4205 is witnessed quickly.

       
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