trade set up : 1. buy above 318 2. keep stop loss as 292 on closing basis 3. targets 333/359+++ technical buy set up: 1. rounding bottom pattern 2. resistance breakout 3. multiple time frame analysis 4. volume
note : this commodity index is on the verge of multiyear price breakout . month on month volume built up is huge too. inside the pattern it has done a trend line breakout at 290 price level with huge volume. good bullish structure formation seen near breakout price watch out...