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As long as prices remain below the trend line hindrance level of 43640 region could expect long liquidation to 43080 followed 42800 region. Rise above 43640 may cajole next stage of buying sentiments.
Inability to trade above the intermediate trend line resistance of 40600 region could set off fresh selling towards the downside objective of 39500 then to 38700. On the other hand, price recovery may be see only above 40600.
Determined trades above the hourly bollinger level of 1695 could boost prices higher to 1760 followed by EMA level of 1810 region. Failure to challenge above 1695 may push prices lower to 1600 firstly then to 1560.
Prices expect to trade higher towards 133 then to EMA level of 134.90 region. But unexpected fall through 129 would be an early sign for intraday downside corrective fall.
Decisive trades above the fibonacci retracement level of 383.30 may revamp intraday buying towards 386 then to 389 region. Else hold the region of 383.30 may push price lower
Break above the hurdle of 874 could boost prices higher to 888 then to bollinger middle band level of 893.50. Failed to sustain above 874 may grab prices lower to 855.
As long as prices trade above the horizontal trend line support of 140.80 could expect further buying toward 145.40 then to 146.80 region. But slip below 140.80 may squeeze down prices lower.
Ensuing recovery move is likely to be upheld towards 134.30 or even more to 136 region. But fall past below 131.60 may grab prices lower.
Intraday move is expected to be upside towards the SMA objective of 135.30 then to 136.80.However a direct fall below 133.40 may push prices lower.
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