Rebound Insight
Our Pivot: 30.30
Our Preference: Buy above 34 and average it out till 32.80 with strict stop loss of 30.30 and profit target at 37.60 and 40.90.
Alternate Scenario: Downward penetration of 30.30 would call for 2800.
NOTE:Supported by a horizontal supportive region along with supportive trend line which was previously a support.
Weekly chart with supports and resistances:
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