THE COUNTER AGAIN WITNESSED A BOUNCE FROM ITS SUPPORT ZONE AROUND 70 LEVELS. AFTER SEVERAL FAILED ATTEMPTS IT FINALLY MANAGED TO CLOSE ABOVE ITS RESISTANCE AREA OF 78 LEVEL. WITH OTHER INDICATORS TOO LOOKING MODERATELY BULLISH WE EXPECT THE COUNTER TO SHOW INTRADAY STRENGTH IN NEAR FUTURE. RECOMMEND BUY AROUND 80 WITH SL OF 76 TGT 86-88 IN A SHORT TERM.
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