THE COUNTER AFTER A SHARP UP MOVE WITNESSED A CORRECTION. HOWEVER THE COUNTER SHOWED SHARP RECOVERY FROM 310 LEVEL AND TODAY IT GAVE A POWERFUL CLOSE ABOVE ITS RESISTANCE AREA OF 340. WITH INDICATORS LOOKING MODERATELY BULLISH WE EXPECT THE COUNTER TO MOVE NORTHWARDS. RECOMMEND BUY AT 343.5 WITH THE SL OF 329 TGT 356-360 IN SHORT TERM.
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