Further Advance
Our Pivot: 64.50
Our Preference: Start buying above 68 and average it out till 65.50 with strict stop loss of 64.50 and profit target at 71 with extension towards 72.60.
Alternate Scenario: Downward penetration of 64.50 will call for 63.
NOTE: MEBL have given breakout of its descending trend line in upward direction.
Daily chart with supports & resistances:
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