Price is moving in an upward channel and now it is at channel support. Sustaining above 77000 is important to be bullish.
News can affect normal market movement.
Buy above 77120 with the stop loss of 77020 for the targets 77200, 77320, 77400 and 77520.
Sell below 76900 with the stop loss of 76980 for the targets 76820, 76700, 76620, 76540 and 76440.
Do your own analysis before taking any trade.