As the chart formation seen is the dow theory that means if the candles passes over the rectangular box it may lead into good rally for the stocks as we also sees it is taking a good support on 50EMA and another strong support at 5300 levels good to accumulate for taget of 6650 and if it sustains at there it may also reaches the levels of 7200 in span of 6 to 1 year may be.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.