Daily Chart
Daily Chart II
The 200 dema support seems to have held well for the time being keeping the bulls optimistic. 1285 is good resistance as pointed out in chart I and II.Till the 200 dema is not violated and a higher high higher low candle is formed, the trend could be considered up.Supports at 1267-1263-1256.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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