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Sustenance above 17970-18000 zone post the multiple doji formations is a good sign of incremental strength as unwinding of shorts could amplify the momentum upward . It has been holding above its 5DEMA support zone 17810 which now becomes the trail stop for the on-going weekly momentum. The trend strength indicators are placed well for continued strength as ADX has breached above its 25 mark & trending confidently at 29 with RSI yet to hit its overbought reading. The cluster resistance around 17620-17500 mark has now turned into a support base complimenting well with its option buildup. Strategy remains intact to keep buying with a revised stop below 17620 for positional swings while on- going momentum could be participated with a stop below 17810 on closing basis from hereon.

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