Short-term (a few days):
• Movement within the range of 2450–2700, with the possibility of testing 2450 if the break continues.
• If the price recovers to break 2600–2700 with a reliable daily close, we may see a wave towards 2880–2920.
• Medium-term (weeks):
• Upon the formation of a Cup & Handle pattern and closing consistently above ~2750, the next target is the resistance point at ~4100.
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🛠️ Trading Recommendations
• For defensive portfolios: Use a stop loss below 2450; target a rebound towards 2700–2880.
• For day traders/short-term traders: Buy entry at 2500–2550 with a target of 2700 and stop loss below 2450.
• For medium-term investors: Potential target of 4100, reassessed if stability breaks below 2750