Dated 11/05/2017
JEERA Unja – Last Close- 10/05/2017 -18669: Expect A Rise Near Top
Monthly Chart
Sideways consolidation is being witnessed.
Expect a rise towards 19581 from current level of 18873.
On further breakout and close above 19581 expect a rally to 20974.
Support will be at 18200-18000-17300.
Conclusion
Accumulate at current or below till 17300 is not violated for rally towards 19581 and 20974.
Once the consolidation completes a rally to get past the top of 19582 will be witnessed. Accumulate at retracement levels.