Technical: Turmeric Nizamabad - Expect 5200-4800 Zone To Be Tested



Technical: Turmeric Nizamabad - Expect 5200-4800 Zone To Be Tested

10 May 2017 1:01 pm

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Dated 10/05/2017

TURMERIC Nizambad- Last Close-09/05/2017- 5434 - Expect 5200-4800 Zone To Be Tested

Monthly Chart

Expect the support bottom of 5200-4800 to be tested.

A fall below 4800 can result into a slide to 3700-3200.

Reversal can be from support zone of 5200-4800.

A close above 5800 can mark a pullback reversal.

Conclusion

Trend still down will test the support of 5200-4800 in near term.

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