• Price has decisively cleared its horizontal resistance zone between 691 and 736.
  • This suggests that the ongoing upmove is expected to continue and an initial test of the previous all time high of 1262 can be expected.
  • A decisive clearance of 1262 would open up higher target of 1940.
  • Bullish view remains intact as long as price stays above 690.
Chart PatternsTechnical IndicatorsTrend Analysis

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