Rebound Insight
Our Pivot: 27.30
Our Preference: Start buying TRG from current Price with strict stop loss of 27.30 and profit target at 30.88 and 32.50.
Alternate Scenario: Downward breakout of 27.30 will call for 26.08.
NOTE: TRG is getting support from a descending trend line which have previously reacted as major resistance. 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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