Daily Chart
An Outside day occured but within the inside day range of yesterday.Confusion galore.Meanwhile the 50 and 200 dema have given a golden cross.This is a very bullish signal.However strong resistances at 1285-1350-1371 need to be crossed convincingly for the bullish scenario to continue.
Immediate direction will be clear on the breakout of the Inside day range which is 1285-1259.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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