We can see following indications on the day chart: 1. 55 day exponential moving average is acting as a dynamic resistance. 2. 200 day exponential moving average is acting as a dynamic support.
For further confirmation, we can look at fibonacci extension lines. (2196.55 resistance, 2093.15 support)
Therefore, ladder your buys like this: 1. Buy when price exceeds 55 day EMA. 2. Buy further when price hits 2197. Take profit at 2281.
Stop loss at 2072.
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We are at 2205 now. Price has formed a bullish wedge and we may be witnessing breakout. Ladder your buys at 2205, 2229 and 2262. Target for 2384. Stop loss at 2183.