Bullish Bias above 1227
Our Pivot: 1227
Our Preference: Buy above 1234.60 with strict stop loss of 1227 and target at 1241 and 1246.
Alternate Scenario: Downward penetration of 1227 will call for 1223 and 1217.
NOTE: Supported by a rising trend line.
Chart with Supports and Resistances:
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