Dated 13/08/2018
Urad / Black Mapte FAQ-Burma – Last Close-3825– Trend Reversal Attempt Witnessed
Support zone is at 3510, 3324 and 3125.
Resistance is at 3950.
Breakout and close above 3950 on sustained basis can show reversal as price start to sustain above the average.
Averages are placed at 3736 and 3584.
Correction to averages can be used for accumulation.
Conclusion
Accumulate at correction and on breakout above 3950 for near term rally.