Further Advance
Our Pivot: 154
Our Preference: Start buying PSO from current price and average it out till 157 with strict stop loss of 154 and profit target at 164 and 165.
Alternate Scenario: Downward penetration of 154 will call for 149.
NOTE: PSO is moving in a rising price channel and its try to find support above a horizontal supportive region.
Hourly Chart with Supports & Resistances:
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