Technical: Castor Seed Deesa- Trend Line Breakout Witnessed

Dated 17/03/2017

Castor Seed Deesa- Last Close (Mean)-4007.5 -10/02/2017: Trend Line Breakout Witnessed

Trend line breakout attempt is being witnessed.

Expect a rally to 4395 to be tested at least in near term.


Resistance will be at 4395-4590.

Resistance will be tested in the current up move in near term to short term.


Weakness can resume below 3675 and till then correction could be for accumulation.

Conclusion

Breakout witnessed.

Expect a rally to 4395-4590 zone.