THE COUNTER AFTER A CONSOLIDATION MOVED OUT OF THE RANGE AND TODAY GAVE A STRONG CLOSE ABOVE 1000 LEVEL. IT IS ALSO TRADING WITH HIGHER THAN AVERAGE VOLUMES FOR THE LAST COUPLE OF SESSIONS. IT SEEMS THE COUNTER IS FORMING SYMMETRICAL TRIANGLE PATTERN ON A DAILY CHART. THE COUNTER STILL HAS AN UNFILLED GAP AROUND 1060 LEVEL. WITH THE MOMENTUM BUILT UP IN THE COUNTER CHANCES ARE HIGHER THAT THE GAP MIGHT GET FILLED. WE HAVE A BULLISH VIEW ON THE COUNTER AND RECOMMEND BUY AT 1007 WITH THE CLOSING SL OF 980 TGT 1060-1070 IN MEDIUM SHORT TERM.
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