Daily Chart
Broke support at 1294 and 1272 with furious speed. Buying support came in fast and has formed a long lower shadow .Stochastics has shown positive divergence.A pull back to this fall may have begun.The close is exactly at the 23.6% retracement level. Other fibonacci resistances are at 1294-1303-1313.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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