Technical: Jeera Unjha- Accumulate At Retracement Levels

Dated 24/03/2017

JEERA Unjha – Last Close- 17723 : Accumulate At Retracement Levels

Monthly Chart

Support is at retracement levels.

Further a gap at lower level can protect the fall and consolidation in the retracement level can be witnessed.

Lower retracement levels will be at 17500-16950-16206.

Conclusion

Correction can be for accumulation as and when the opportunity arises as consolidation can be forming in the retracement levels.

Once the consolidation completes a rally to get past the top of 19582 will be witnessed. Accumulate at retracement levels.