Daily Chart
The candle formed is a marubozu which is bullish as it shows a steady advance ending at the high of the day indicating buyers were in complete control. Bullish breakout from the downtrendline drawn from 1345 strengthens the bullishness.
Resistance now at 1300-1303-1320. Support at 1280-1266-1258.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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