THE COUNTER HAD A VERY STRONG SUPPORT PLACED AROUND 1325 AND DURING RECENT PAST IT FORMED A COUPLE OF DOJI CANDLESTICKS AROUND THE SAID LEVEL AND WITNESSED BOUNCE BACK. IT WAS STRUGGLING TO CROSS 1360 MARK BUT NOW THE SAID LEVEL HAS BEEN BROKEN ON A CLOSING BASIS WITH DECENT VOLUMES. WITH OTHER INDICATORS TOO LOOKING POSITIVE THE COUNTER MAY CONTINUE ITS UPWARD MOMENTUM. RECOMMEND BUY AT 1385 WITH CLOSING SL OF 1360 TGT 1425-1430 IN A SHORT TERM.
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