The price of Mustard seed has registered a head and shoulders breakdown during the previous session.
The MACD indicator is still in sell mode and the price of Mustard seed has registered a close below its key moving averages.
The price of Mustard seed will face stiff resistance between the Rs 2930--Rs 2940 levels.
We recommend traders to sell on rise between the Rs 2930--Rs 2940 levels with a stop loss placed above the Rs 2959 levels and hold for downside targets of Rs 2900 / Rs 2880 levels.
No comments:
Post a Comment