THE COUNTER HAD BEEN IN A DOWNTREND AND FOUND GOOD SUPPORT AROUND 55 LEVELS. IT COMMENCED ITS UPTREND AND TOOK PAUSE AFTER KISSING 70 MARK. DURING RECENT PAST IT FORMED A STRONG BASE NEAR 65 LEVELS AND WITNESSED COUPLE OF BOUNCE BACKS. WITH THE INDICATORS LOOKING QUITE BULLISH AND INCREASED VOLUMES IN THE COUNTER WE EXPECT THE COUNTER TO MOVE HIGHER. RECOMMEND BUY AROUND 69 WITH CLOSING SL OF 64 TGT 80-83 IN SHORT TERM.
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