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Technical : Mustard Cake Jaipur Spot : Accumulate at Averages

20 Feb 2018 12:19 pm
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Dated 20/02/2018


Technical : Mustard Cake Jaipur Spot : Accumulate at Averages

MUSTARD CAKE- Last Close 1830



Price is above both the averages 55VA and 89 VA.

But 55VA is above 89 VA.

Correction towards the average can be witnessed which is at 1755.

Accumulate at averages as correction will be for consolidation.

Conclusion

Accumulate at 1755 or below.

Breakout above 1805 can show a rally.

Add long if breakout above 1805 is witnessed.

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