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.