A strong close above recent high (3500) may take it to 4050 levels in coming weeks. A rejection may force it to be in a consolidation phase in the marked area.
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Resistance breached. Pullback traders may wait for a retest for fresh positions.
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Intermediate target achieved. Safe traders may shift SL to 3350
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Another intermediate target 3838 to be looked forward to before final target of 4045.