The reason why we feel DJIA may Rise.
* It may Rise and come near 17600 levels
* (3,3,14,Close) is Rising.
* (14,CLOSE) is confused.
* (20,CLOSE) is confused.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :17461, SL: 17421, TGT 01: 17556, TGT 02: 17600, TGT 03: 17734.
The view expressed here is on weekly basis. [b]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial adviser before investing.