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Technical: Mustard Oil Kaachi Gani Jaipur- Breakdown witnessed

1 Mar 2017 12:44 pm
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Dated 01/03/2017

Mustard Oil Kaachi Gani- Last Close-725- 28/02/2017: Breakdown witnessed




(Monthly Chart)


The (b)-(d) trend line is violated which will lead the slide to test 735 and 692.


The low till now is 725.


Expect the higher bottom of 692, 645 and 610 to be tested.


Reversal is above 795 closing and till then use rise to exit long position.


Conclusion


Expect lower level to be tested as trend is down


       
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