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Technical: Lentil (Masoor) - Canada Crimson - Sideways Correction Being Witnessed

13 May 2019 2:30 pm
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Dated 13/05/2019

Lentil (Masoor) - Canada Crimson – Last Close 4000 - Sideways Correction Being Witnessed

The view mentioned in last update remains the same as price movement is within the resistance and support range as mentioned in previous fortnight.

Resistance is at 4300.

Support is at 3500-3100.

Correction with sideways volatility is likely.



Conclusion

Breakout above 4300 can extend the rise to 4600 and above.

Correction could be seen towards support of 3500-3100 and can be used to accumulate.


       
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