Technical: Mumbai Lemon Toor - Breakdown Slide Likely



Technical: Mumbai Lemon Toor - Breakdown Slide Likely

18 Apr 2017 12:55 pm

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Dated 18/04/2017

MUMBAI TOOR LEMON- last close - 17/03/17-3975: Breakdown slide likely

Monthly Chart

Trend is down and expect slide towards 3450 in due course of time.

Near term reversal is possible above 4550.

Resistance will be at 4100-4550.

Conclusion

Expect slide to 3450.

Exit long and sell till 4550 is not crossed on closing.

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