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Technical: RBD Palmolein Kandla: Breakout Witnessed

9 Apr 2018 5:55 pm
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Dated 09/04/2018


Technical: RBD Palmolein Kandla: Breakout Witnessed

RBD PALMOLIEN KANDLA- Last Close- 725



Breakout has been witnessed above 670.

On sustained rise and close above 670 in time to come will set a rally to 900.

A rally towards 900 is likely with volatility.

Correction to averages will be opportunity for accumulation.

Support will be at 708-660-650.

Conclusion

A sustained bull market for near term to short term is likely.

A rally towards 900 is likely in short to medium term.



       
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