Bullish Bias above 47.42
Our Pivot: 47.42
Our Preference: Buy above 47.95 with strict stop loss of 47.42 and target at 48.48 and 48.80 with extension @ 49.30.
Alternate Scenario: Donward penetration of 47.42 will call for 46.79.
NOTE: Supported by supportive trend line of bullish channel.
Chart with Supports and Resistances:

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