Dated 22/04/2019
Urad / Black Mapte FAQ-Burma – Last Close 4425 – Minor Correction Being Witnesse
Resistance is at 4650-4850.
Support will be at 3974. Further rise is above 4850. As long as 3974 is not violated consolidation may happen to generate a rise above 4850
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Conclusion
In near term band 4850-3974 and breakout above 4850 is essential.
Traders long may hold the same with a stop loss of 3974.
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