The price has been in a downtrend and finally managed to reverse.
Now there has been a recent fall from the levels of 269 and we are about to witness a pullback.
So for the pull back to be successful we need the price to close above these levels.
We may face some rejections at 278 levels but a strong pullback should break through that level.
On a long term view 374 would be an ideal target with a stop loss of 233 or below.
Now there has been a recent fall from the levels of 269 and we are about to witness a pullback.
So for the pull back to be successful we need the price to close above these levels.
We may face some rejections at 278 levels but a strong pullback should break through that level.
On a long term view 374 would be an ideal target with a stop loss of 233 or below.