DAILY CHART
WEEKLY CHART
- The daily chart closed above 20 DMA which is very positive. Now if it trades above 10210 with good volume it looks certain to reach the 50 DMA.
- This rally is taking lesser time to go up making it a candidate for reversal.
- But let's see how it reacts when it meets the 50 DMA.
- The week chart has also ended on a positive note.
- It closed around the 50 week moving average. And has some more distance to go before it meets the resisting trend line.
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