the graph of this index over a period of one day shows that there is a high probability that it will experience an uptrend
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Monthly TA is not looking very healthy, where Elliot Wave 4 formation is on it's way.It is likely to retrace back up to 24.53 at 0.618 fib level. RSI supports dipping as it has been overbought.
Put stop loss limit at 32.44; at previous support or sell and buy at dip at 24.53 - 25.66.
As per Daily TA, RSI has been oversold and it may rebounce back depending on...