On Daily time frame, it is still trade below 200DMA. 200DMA is placed at 53.05 level.
Also it closed in the resistance zone of 52- 52.50. It will be bullish once it give sustainable breakout of 54 level or 200DMA.
All the targets are mentioned on the chart.
Please refer below chart : 1day Time Frame.
***************Please note this is my own study/opinion, it is not a trade recommendation********************** Please Consult your financial advisor before making any investment.
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