The price bounced from the support zone
formed between 1000.00 level and the uptrend line. RSI
confirms price reversal and MACD
histogram supports upward movement. It's a new buy opportunity. Pending orders for buy can be placed at 1125.00 level with stop orders below the swing low at 850.00 level. The main profit target is 1500.00 level. The profit target for long term trading is 2000.00 level.