Upside Prevails
Our Pivot: 44.83
Our Preference: Buy above 49.93 and average it out till 47.26 with strict stop loss of 44.83 and profit target at 54.16 with extension towards 57.19.
Alternate Scenario: Downward penetration of 44.83 will call for 41.60.
NOTE: AICL is getting support from a rising trend line along with a horizontal supportive region.
Recommendations:
Buy above 49.93 and average it out till 47.26 with target at 54.16
Chart with Supports and Resistances:
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