The uptrendline from 1075 held well indicating steam left in the uptrend.oscillators showing signs of moving up again.
Crossed the 61.8% level at 1397 rather smoothly. Resistance now at 1422 the earlier high registered on 2nd April 2012.If crossed successfully a good 65 points to be made on the upside.
Symmetrical triangle indicates bulls and bears fight for supremacy
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