Further Advance
Our Pivot: 149.00
Our Preference: Buy INIL above 153.50 and average it out as long as its trading above 152 with strict stop loss of 149 and profit target at 157.80 and 160.10.
Alternate Scenario: Downward penetration of 149.00 will call for 145.
NOTE: INIL have completed its correction on hourly chart and its being supported by a rising trend line.
Hourly chart with supports & resistances:
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