Dated 15/02/2017
Mustard Oil Kaachi Gani- Last Close-806- 15/02/2017: Trend Is Down To Test Demand Zone
(Monthly Chart)
Expect the demand zone of 775-735 to be tested.
The low registered till now is 768.
The (b)-(d) trend line is violated which will lead the slide to test 735 and 692.
Reversal can be caused if close is above 700.
Conclusion
Expect lower level to be tested as trend is down