Amidst haemorrhage in this counter there was a reversal to the up. But that doesn't mean every thing is well. However it's worth a following. If the uptrend which we see now to continue, the price has to break above 71.90 and resume the trend. Also with above average volumes. IF the price is trending within a range, then the low of 60.50 and a high of 71.90 will turn out to be a painful consolidation. If we see the prices breaking out we can expect it to test 77 to 85 range. 20 EMA at present is 66.90. That is also an area which could act as a support.
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