Rebound Insight
Our Pivot: 245
Our Preference: Buy SEARL above 255.18 and average it out till 250 with strict stop loss of 245 and profit target at 272.90 with extension towards 278.
Alternate Scenario: Downward penetration of 245 will call for 237.80.
NOTE: SEARL is moving in a bullish price channel on weekly chart and it's expected that it would try to establish ground above resistant trend line of its previous triangle.
Chart with supports & resistances:
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