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If prices hold the upside hindrance of 33170 could anticipate a long liquidation move towards the downside objective of 32870 followed by 32780. Conversely, solid move above 33170 could boost prices higher.
Determined trades above the Bollinger upper band level of 37430 could lift prices higher towards 37700 region. However, failed attempt to crack the hurdle of 37430 could squeeze down prices lower to 36950.
Sentiments still looking on the weaker side, which is likely to persist towards the downside objective of 3600 followed by 3545. But decisive trades above hourly candle high of 3682 could lift prices higher.
Substantial trades above the internal trend line resistance of 168.80 could gain buying momentum towards Bollinger middle band level of 171 or even more. Failed to sustain above 168.80 may squeeze down prices lower.
By breaking the falling trend line resistance of 413 could push prices higher towards 415.40 followed by Bollinger upper band level of 418.60. Inability to crack above 413 could grab prices lower.
Prices expect to turn lower in the coming session towards the 50-Day EMA level of 861.50 followed by Bollinger lower band level of 855. However, rise above the hourly candle high of 874.30 could boost prices higher.
Intraday move possibly to be north bound towards the prices objective of 207 followed by 208.80. In this recovery expectation fall past below the 50-hour EMA level of 204 may grab prices lower.
Prices clearly held the trend line support of 153.60 region in previous session. Which if holds in the coming session could expect a price recovery towards the upside objective of 156.30 followed by Bollinger upper band level of 158.80 in weekly chart.
As long as prices remain above the trend line support region 141.50 could expect intraday recovery move towards 143.60 and 144.30 there after. On the flipside, direct fall below 141.50 may grab prices lower.
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