Technical : Mustard Seed Jaipur Spot : Minor Correction Is Likely To Be Seen
MUSTARD SEED JAIPUR- Last Close 4017
Correction towards 4010-3800 is likely.
Resistance will be at 4205.
Breakout above 4205 can show a rally.
Price are around the averages so new trend not established.
The 55 VA is below 89 VA which show a bear market.
The averages are placed at 4038 and 4051.
Conclusion
Correction to 3800 and 3600 can be for accumulation. Currently trend is sideways with down bias unless breakout and close above 4250 is witnessed quickly.
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