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Technical : Barley Jaipur Spot : Expect Downside Momentum With Volatility

22 Mar 2018 4:51 pm
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Dated 22/03/2018


Technical : Barley Jaipur Spot : Expect Downside Momentum With Volatility

Barely Jaipur- Last Close- : Last Close 1404




Support is at 1422.

A fall and close below 1420 can extend the slide for Wave c towards 1270 to 1132.

Resistance will be at 55 VA and 89 VA which are at 1498 and 1509.

Reversal for pullback will resume above 1520.

Conclusion

Bear market is in progress now and further sustained fall below 1422 will show downside momentum.

       
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