Downside Prevails
Our Pivot: 62.30
Our Preference: Short sell below 60.70 with strict stop loss of 62.30 and profit target at 58.10 with extension towards 56.48.
Alternate Scenario: Upward penetration of 62.30 will call for 64.50.
NOTE: TRG is moving in a descending wedge and its moving downward after getting resistance from its resistant region.
Hourly Chart with supports & resistance:
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