Dated 19/07/2017
MUMBAI MATAR CANNADA - Last Close- 18/07/2017: 2261 - Correction/Consolidation at lower range
Weekly Chart
A pullback towards DRV was witnessed which was at 2343 and high till now is 2311.
Expect consolidation between 2311 and 2121.
Support will be at 2181-2121.
Pullback will continue above 2311.
Conclusion
Expect correction and consolidation at lower range till 2121 is not violated.
Eventually, Matar price may move higher towards DRV-2343.