Rebound Insight
Our Pivot: 40.00
Our Preference: Start buying TRG above 42.60 and average it out till 41.80 with strict stop loss of 40.00 and profit target at 45.30 with extension towards 47.00.
Alternate Scenario: Downward penetration of 40.00 will call for 37.40.
NOTE: TRG is getting support form a rising trend line at its 74.6% correction level on daily chart.
Daily chart with supports & resistances:
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