Upside Prevails
Our Pivot: 26.47
Our Preference: Start buying TRG from current price with strict stop loss of 26.47 and profit target at 28.05 and 28.45.
Alternate Scenario: Downward penetration of 26.47 will call for 26.00 and 25.77.
NOTE: TRG have penetrated a descending trend line in upward direction and right now its heading towards a strong horizontal resistant region. Hourly Stochastic and MAORSI have generated bullish crossovers and these both push price in upward direction.
Hourly Chart with Supports and Resistances:
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