Further Advance
Our Pivot: 34.80
Our Preference: Start buying MLCF above 35.45 with strict stop loss of 34.80 and profit target at 37.
Alternate Scenario: Downward penetration of 34.80 will call for 33.60 and 32.80.
NOTE: MLCF is being supported by a rising trend line along with a strong horizontal supportive region.
Hourly chart with supports & resistances:
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