Dated 18/05/2018
MUMBAI MATAR CANADA - Last Close- : 3326 Rise to continue with volatility
Correction towards the averages can be witnessed.
The 55VA and 89 VA are placed at 3044 and 2893.
Correction to averages could be seen before moving higher.
Bull market is in place for Matar.
Expect the last peak of 3481 to be tested with volatility in near term to short term.
Conclusion
Bull market rise is in place for 3481 or above.