Prices likely to trade within the trading range of 38200-37520. A firm move which breaks either side of the aforementioned region could set up price direction.
Intraday buying could see only above the Bollinger middle band level of 47230 and such active move may push prices to 47600 or even higher. Failed surpass above 47230 could grab prices lower.
Sturdy trades below the internal trend line support of 4165 may grab prices lower. Else hold the hindrance of 4165 for price recovery towards 4280 or even higher to 4330
Fall past below 188.50 could push prices lower. Failed to crack below 188.50 could lift prices to 194.80 followed by Bollinger upper band level of 199.20.
Weakness may persist in the coming session towards the immediate objective of 447 followed by EMA level of 444.50. But determined trades above 451.80 could lift prices higher.
If prices hold the support region of 1212 could boost prices towards the upside objective of 1233 then to SMA level of 1249. But fall past below 1212 could push prices lower.
Reclaiming trades below the Bollinger middle band level of 183.90 could push prices lower. Botched attempt to crack below the same could invite recovery move towards 185.80 then to 186.50.
Intraday recovery may live up only above the Bollinger middle band level of 154.70. Else hold the same for a corrective move towards the downside price objective of 152.90 or even lower.
As price being broken the downside hurdle of 139 region could extend weakness towards the downside objective of 138.30 followed by 137.70. In this weak bias, rise above the candle high of 139.80 could lift prices higher.
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