Pivot
40000
Our preference
Long positions above 40000 with targets at 41550 & 42450 in extension.
Alternative scenario
Below 40000 look for further downside with 39100 & 37700 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
42600
42450
41550
41092 Last
40000
39100
37700
Number of asterisks represents the strength of support and resistance levels.