Rebound Insight
Our Pivot: 235.00
Our Preference: Start buying SEARL above 241 and average it out till 238 with strict stop loss of 235 and profit target at 248 with extension towards 251 an 254.
Alternate Scenario: Downward penetration of 235 will call for 230.
NOTE: SEARL is getting support from a rising trend line along with a horizontal supportive region.
Hourly chart with supports & resistances:
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