Technicals: • Script is respecting the Parallel Channel levels at every levels • Stronger buying volumes • RSI entered in 60 Zone • Relative strength is in Green • Closed strongly above recent high of 235, also the 52 week high • Re traced strongly from the recent low of 176, respecting every levels of Parallel channel • Creating Higher Highs, Higher Lows
Levels for positional trade: Entry levels: A full candle above 240 levels will confirm the entry level Until then we might see some time consolidation at 235-240 Target: 1st, 265, then 240 in short run SL: 229, Closure below 229 will invalidate this upside view in short run Next support area will be 210-215
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