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Technical: RBD Palmolein Kandla- Correction In Progress

14 Jun 2017 12:34 pm
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Dated 14/06/2017


RBD PALMOLIEN KANDLA- last close-540 : Correction in progress

Monthly Chart




Support is visible at current level.

Further correction is below 535.

Expect sideways movement or minor near term rise.

Resistance will be at 565 and the same could be tested if immediate fall below 535 is not witnessed.


Conclusion

Trend still down and minor pullback can be witnessed.


       
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