Further Advance
Our Pivot: 185
Our Preference: Start buying PSO above 192.50 and average it out till 190 with strict stop loss of 185.00 and profit target at 200 and 206 with extension towards 219.
Alternate Scenario: Downward penetration of 185 will call for 178 and 165.
NOTE: PSO is moving in a bullish price channel to complete expansion of its previous daily correction.
Hourly chart with supports & resistances:
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