Technical : Mustard Cake Jaipur Spot : Expect Consolidation At Retracement Levels 20 Jan 2018 4:18 pm   0 Comments  |   Post Comment  |  Font Size A A A  Dated 19/01/2018 Technical : Mustard Cake Jaipur Spot : Expect Consolidation At Retracement Levels MUSTARD CAKE- Last Close 1725 Price is above both the averages 55VA and 89 VA. But 55VA is below 89 VA therefore the rise is yet to turn into a bull market rise. Correction towards the average can be witnessed which is at 1737 and 1738. Further rise is above 1800. Retracement levels are placed at 1715, 1686 and 1664. Further rally is above 1805. Conclusion Expect correction towards the retracement of 1715-1686-1664 to be tested before moving higher. Accumulate at replacements.   Rate this story Rated 0.0    Post comment Comment : Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy. Name :   Email :       Post Comment		Latest Special Reports Soy Refined Oil (Indore) Trading Near Key Resistance (... US soybean net sales for April 5-11 at 485,800 MT, up 5... Rice Bran Refined Oil (Ludhiana) Bullish Trend Reversa... RBD Palm Olein (Kandla) Positive Short-term Trend / Ne... Soybean Meal (Indore) Trending Higher / Next Resistanc... more Top 5 News Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545... Soy Refined Oil (Indore) Trading Near Key Resistance (... US cotton net export sales for April 5-11 at 146,100 RB... US soybean net sales for April 5-11 at 485,800 MT, up 5... Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne... Top 5 Market Commentary Indian Soybean Arrivals Surge as Oil Prices Decline Mumbai Pulse Market Shows Steady Trend with Slight Chan... DCE Oil Complex Mid-Day Closing 19 Apr 2024 WAREHOUSE / VAULT WISE STOCK POSITION AS ON 18-04-2024 Cotton Prices Dip in Madhya Pradesh on Subdued Demand; ...