Dated 4/08/2017
MUSTARD CAKE - last close- 1595- Down Trend continues
Weekly Chart
Trend is till down and after pullback resume its down move.
The pullback was minor from 1580 to 1640.
Further rise can resume above 1640 and till then expect down trend to continue with volatility.
The level of 1540-1520 could be tested in near term from current level of 1595.
Conclusion
Down Trend continues