Technical: Moong Jaipur- Bottom Under Pressure

Dated 20/07/2017

Moong/Green Peas Jaipur- Last Close -19/07/17- 4200: Bottom under pressure

Weekly Chart

The last bottom of 4100 is likely to be under pressure.


If the recovery has to happen then it could be from 4100 levels.


A fall and close below 4100 can lead to a slide towards 3255.


Reversal is above 4500 and closing and till then expect support of 4100 to be under pressure.

Conclusion

Support of 4100 under pressure.