Deepansh

Deepansh

Pivot: 1287.50 Our preference: long positions above 1287.50 with targets at 1297.00 & 1300.00 in extension. Alternative scenario: below 1287.50 look for further downside with 1283.50 & 1277.50 as targets. Comment: a support base at 1287.50 has formed and has allowed for a temporary stabilisation. Supports and resistances: 1305.00 1300.00 1297.00 1292.20...

Deepansh

Pivot: 50.55 Our preference: short positions below 50.55 with targets at 49.30 & 48.95 in extension. Alternative scenario: above 50.55 look for further upside with 51.00 & 51.45 as targets. Comment: the RSI is capped by a bearish trend line. Supports and resistances: 51.45 51.00 50.55 49.90 Last 49.30 48.95 48.42

Deepansh

Pivot: 1272.00 Our preference: long positions above 1272.00 with targets at 1280.50 & 1283.50 in extension. Alternative scenario: below 1272.00 look for further downside with 1268.00 & 1266.00 as targets. Comment: the RSI is bullish and calls for further upside. Supports and resistances: 1287.00 1283.50 1280.50 1278.00 Last 1272.00 1268.00 1266.00

Deepansh

Pivot: 1266.00 My preference: long positions above 1266.00 with targets at 1272.00 & 1274.00 in extension. Alternative scenario: below 1266.00 look for further downside with 1262.00 & 1258.80 as targets. Comment: the RSI shows upside momentum. Supports and resistances: 1277.00 1274.00 1272.00 1270.50 Last 1266.00 1262.00 1258.80