Rebound Insight
Our Pivot: 26.50
Our Preference: Start buying above 27.23 with strict stop loss of 26.50 and profit target at 28.64 and 29.00.
Alternate Scenario: Downward breakout of 26.50 will call for 26.08.
NOTE: TRG is getting support from a rising trend line . Momentum indicators are trying to generate bullish crossovers and if they would succeed then a sharp pullback would be witnessed in it.
Hourly Chart with Supports and Resistances:
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