Upside Prevails
Our Pivot: 47.35
Our Preference: Buy above 48.30 with strict stop loss of 47.35 and target at 49.24 and 50.05.
Alternate Scenario: Downward penetration of 47.35 will call for 46.62.
NOTE: Supported by a rising trend line.
Chart with Supports and Resistances:

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